**
Monday, May 5, 2014
There’s No Business Like Health Business**
Your
system is liable to period convulsions..business crises at five to ten year intervals, which wrecked
the industries of the nation.
Edward
Bellamy (1850-1898), Looking Backward (1888)
When five years ago, government decided to go into the public business of
providing health care for the nation’s already insured workers, government created a created a series of
periodic convulsions, business crises and new options for America’s businesses.
·
How to afford to pay for comprehensive coverage
of employees.
·
How to avoid financial penalties for not offering comprehensive coverage.
·
How to switch workers to ObamaCare approved plans, with often higher costs for the business and higher premiums and
deductibles for workers.
·
Whether to hire full-time or part-time workers
to minimize health coverage expenses.
Another
Option
Now, there is another
option – contracting directly and paying
directly in cash with independent health
systems and independent primary care physicians and specialists for services
rendered.
·
Walmart and GE
have done this by contracting directly with 4 health systems for knee and hip
replacements without intervening 3rd parties.
·
Businesses in Wichita, America’s airport
capitol, and elsewhere have done it by
dealing directly and paying cash for global primary care services with
concierge physician services.
·
Businesses in Oklahoma City have done it by
sending workers needing outpatient surgeries to the Oklahoma Surgery Center in
Oklahoma City.
What are the business and health care benefits with these new contractural arrangements?
One, costs are transparent and upfront and are
accessible online.
Two,
costs are limited because the costs are provided on a global basis, with all service
costs included for one package prices, with no downstream surprises.
Three,
costs are lower than those offered by hospitals through 3rd party
insurers.
Four ,
costs are usually free of bureaucratic restrictions and regulations inherent in ObamaCare approved health plans.
Five, the contractural arrangements are free-market
based and are therefore negotiable.
Tweet: A
new alternative wave to ObamaCare and 3rd party arrangements is
surfacing across the nation, direct pay
contracting with independent physician and health care groups.
**
**
My new
E-book Understanding ObamaCare: Travails
of Implementation: Notes of a Health Reform Watcher is now on Amazon. The
Kindle edition sells for $3.99. You may
be interested in reading it since ObamaCare may determine the outcome of the November midterm
elections. You may also order the book
from Westbow Press, a division of Thomas Nelson Publishers, or its 35,000 outlets, which include
bookstores, who can help order the book
for you. This is the first of 3 E-books
on ObamaCare, Rhe second book will be
called ObamaCare Revealed, and the third will be ObamaCare: Dead or Alive.
Richard
L. Reece, MD, 1-860-395-1501,
doctor.reece@gmail.com
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