Knowing the True Definition of Insurance Can Help Lower Costs -- Oct. 9 2016
Insurance is a simple contract.
'I pay premiums, if such and such happens, my insurance contract will give me _______' It is when insurance companies act outside the scope of their definitive responsibilities that opens the door for rising costs for patients. Using insurance to cover an office visit or paying for highly inflated prescription costs is not true insurance. As long as we have this kind of system healthcare will continue to be expensive. Rest of Article |
Health Suite 110: Direct Primary Care Simplifies Healthcare for Patients -- July 4, 2016
In our traditional healthcare system, many patients feel like they are on a conveyor belt being shuffled from one room to the next. Their ability to get the care they need is limited by what their insurance company is willing to cover.
But if you were to remove the insurance company out of the equation then the doctor and patient can work toward a mutual understanding of the best road to take to maintain the best state of health possible.
What facilities like Healthy Suite 110 prove is that insurance companies aren't needed for many general physician services.
Their patients can substantially reduce their insurance premiums because many services (like those shown below) are already included with their monthly service fee. Rest of Article.
In our traditional healthcare system, many patients feel like they are on a conveyor belt being shuffled from one room to the next. Their ability to get the care they need is limited by what their insurance company is willing to cover.
But if you were to remove the insurance company out of the equation then the doctor and patient can work toward a mutual understanding of the best road to take to maintain the best state of health possible.
What facilities like Healthy Suite 110 prove is that insurance companies aren't needed for many general physician services.
Their patients can substantially reduce their insurance premiums because many services (like those shown below) are already included with their monthly service fee. Rest of Article.
The Strength In Real Charity -- May 1, 2016
It's an automatic response for some people to label anyone against Medicaid as being 'anti-poor' people. Those who voice their concerns that Medicaid consumes too much from state and federal budgets is considered to favor the 1% over the working class or the unemployed.
What if there were 2 people, a married couple, that were not only against the idea of Medicaid, but they also took action to reduce what they felt were the disastrous effects of this government program for the poor? Rest of Article.
It's an automatic response for some people to label anyone against Medicaid as being 'anti-poor' people. Those who voice their concerns that Medicaid consumes too much from state and federal budgets is considered to favor the 1% over the working class or the unemployed.
What if there were 2 people, a married couple, that were not only against the idea of Medicaid, but they also took action to reduce what they felt were the disastrous effects of this government program for the poor? Rest of Article.
Increasing Value & Reducing Risks Means a Lower Cost for Patients -- April 24, 2016
It is not Atlas.MD's goal to get rid of health insurance companies however their system can reduce their patients health insurance costs dramatically.
This is because their practice covers more of the day to day issues that their patients can likely handle on their own which leaves just the major, more vital, catastrophic events to be covered by insurance companies.
Regarding insurance premiums, Dr. Umbehr states as a matter of fact that Atlas.MD has been able to reduce insurance premiums for families and employers by up to 60% in the first year. Rest of Article.
It is not Atlas.MD's goal to get rid of health insurance companies however their system can reduce their patients health insurance costs dramatically.
This is because their practice covers more of the day to day issues that their patients can likely handle on their own which leaves just the major, more vital, catastrophic events to be covered by insurance companies.
Regarding insurance premiums, Dr. Umbehr states as a matter of fact that Atlas.MD has been able to reduce insurance premiums for families and employers by up to 60% in the first year. Rest of Article.
Health Insurance Causes Patients to Pay More -- April 8, 2016
From CVS:
‘During 2011, 2010 and 2009, our pharmacy gross profit rate continued to benefit from an increase in generic drug revenues, which normally yield a higher gross profit rate than equivalent brand name drug revenues.‘
What CVS is telling us is that there is a lot of profit to be made with their growing generic drug revenues.
Is it because generic drugs are usually more expensive than brand name drugs?
No.
The reason is because most of these generic drugs are paid for using a combination of a customer’s co-pay and the health insurance company’s negotiated rate. Pharmacies like CVS will not complain about this arrangement because their expected growth rate of generic drug prescriptions in 2011 was $40.5 billion dollars.
When plenty of generic drug pills costing only .30 cents or less there is a huge markup even when the customer only has a monthly copay of just $5 or $10. Rest of Article.
From CVS:
‘During 2011, 2010 and 2009, our pharmacy gross profit rate continued to benefit from an increase in generic drug revenues, which normally yield a higher gross profit rate than equivalent brand name drug revenues.‘
What CVS is telling us is that there is a lot of profit to be made with their growing generic drug revenues.
Is it because generic drugs are usually more expensive than brand name drugs?
No.
The reason is because most of these generic drugs are paid for using a combination of a customer’s co-pay and the health insurance company’s negotiated rate. Pharmacies like CVS will not complain about this arrangement because their expected growth rate of generic drug prescriptions in 2011 was $40.5 billion dollars.
When plenty of generic drug pills costing only .30 cents or less there is a huge markup even when the customer only has a monthly copay of just $5 or $10. Rest of Article.
Lower Healthcare Costs / High Quality Care is Possible-- January 27, 2016
When asked how the Surgery Center of Oklahoma can offer these lower prices to patients, Dr. Keith Smith has mentioned in several interviews that he doesn't have to waste his and the patient's time dealing with hospital administration actions and insurance companies that raises costs and interferes with the care provided to his patients.
People come to the Surgery Center of Oklahoma from all over the world for medical services, patients even come from Canada (the country that's supposed to have a good reputation for healthcare).
By working with the patient directly and not having to deal with expensive hospital overhead costs, this surgery center can just offer the costs of the service which translates to steep price discounts for the patient. Rest of Article.
When asked how the Surgery Center of Oklahoma can offer these lower prices to patients, Dr. Keith Smith has mentioned in several interviews that he doesn't have to waste his and the patient's time dealing with hospital administration actions and insurance companies that raises costs and interferes with the care provided to his patients.
People come to the Surgery Center of Oklahoma from all over the world for medical services, patients even come from Canada (the country that's supposed to have a good reputation for healthcare).
By working with the patient directly and not having to deal with expensive hospital overhead costs, this surgery center can just offer the costs of the service which translates to steep price discounts for the patient. Rest of Article.