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His practice volume will drop significantly but so won't his overhead. Depending on how many patient's he has he could very easily have 2-4 full time workers just for handling insurance claims, disputes and straight up not paying. Don't blame him. If he could make a similar amount of money seeing less patients and not having the hassle of waiting for re-imbursement, why not?I'm sure many people would pay the extra for actual time with their doctor. If you live in NY and need to get in quickly, you usually don't see the MD, you see the PA or NP. I'm sure it's different in other states but then again NY has a significant problem with provider shortage, which WILL get worse.
I will say that value for money (even with insurance) for medical in the US is the worst I have seen.
step 1- kill all the lawyers
I believe Shakespeare had the best answer to start to fix the HC system.step 1- kill all the lawyers
Since this is a football site, I have decided to expand my previous comments and SOLVE the HC issue.John Galt?'s "Sudden Death" Healthcare Solution:Step 1: Kill all the lawyersStep 2: Kill all the lobbyists Insurance Co.s spend Billion$ on lobbyists, Big Pharma spends Billion$ on lobbyists, the AMA spends Billion$ on lobbyists, patients spend ZERO on lobbyists. Guess who is NOT gonna benefit from any HC reform legislation or regulations??Step 3: Kill Obamacare it is highly flawed and primarily benefits insurers and bloated bureaucratic workers. It does nothing to address high drug costs or procedure costs.Step 4: Kill Fraud Medicaid and Medicare fraud is rampant. Root it out and make the penalties for involvement in fraud so stiff as too discourage it i.e. jail time and loss of licenses.Step 5: Kill unilateral pricing Prices for drugs and procedures is neither regulated nor competitive. Instead, every year have a price setting committee meet. The committee will be composed of an equal number of reps from 1) medical professionals, 2) insurers 3) pharma 4) a group of average Joe's to rep the patients-no doctors, lawyers, nurses, or insurance workers allowed. This committee will then set maximum prices for MRIs, mammograms surgeries, and other emergency and vital procedures and for vital and necessary drugs. Prices should be based on costs and a reasonable profit margin. For instance, Drug X cost $50 million to develop and test, and you expect 5 million bottles to be prescribed per yr, and the production costs are $3/bottle, the price of Drug X is set at $16.25/bottle which includes a 25% profit margin for the developer. (as opposed to $90.00/bottle w/insurance or medicare paying $81.00 of that under our current system)Step 6: Kill Medicare/caid Replace these gargantuan fraud ridden programs with a Federal 2 State HC grant program. The Fed takes Medicare payroll taxes ($400 billion) and allocates that based on both how much they paid in and what their excess need may be, and grants that to the states and the states are mandated to come up with their own Universal HC system. With 50 different systems and administrations, some will work great, others not so, but the bad ones can learn from the good ones, and the better ones and see what not to do from the bad ones. 50 brains instead of just one.