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I personally believe this is a terrible idea, fraught with perils of the legal, financial, and ethical nature. The idea that x dollars per year will buy up to y quantity of pain medications if specified, is simply drug dealing while on the other hand if the amount is not specified and you do not comply with the patient's wishes, they can sue for fraudulant misrepresentation. Ethically...well, don't even go there.
Acute pain patients could probably afford concierge treatments but unless they become chronic, concierge would not be needed. If they are chronic and have no funding or are on medicare or medicaid, it doesn't matter if you want to render concierge services...you cannot legally do this in some cases (Medicare and in some states Medicaid) and they cannot afford it.
I think it would be difficult to have a concierge practice now, other than being a candyman. But as Obamacare gets implemented and insurance rates soar, especially after the "mandate" gets overturned, things may change. Medicare and Medicaid slashing reimbursement (as they must to stay solvent) along with health insurance cost skyrocketing (with no lifetime caps or pre-existing clauses-this is inevitable), it is a recipe for a resurgent free market fee-for-service model. In the future, we might see a "government health plan" that is substandard and rationed, alongside an independently thriving free market health care system. But where ever we end up, getting there will be excruciating.
"Ray, people will come Ray. They'll come to Iowa for reasons they can't even fathom. "
They will come because they are starving and that's where the food is. Not that I'm pessimistic or anything.
If you are listed on the Medicaid provider list, even if you don't take any new Medicaid, you cannot charge your own fee schedule or balance bill.
Off topic but most food grown there is animal feed.
Not sure I buy that since Iowa is a major producer of soybeans and corn, which are undoubtedly suitable for human consumption. It's also a major livestock producer.
Beef, poultry, pork, eggs, cheese, butter, and milk - all based on animals that eat grain. Not to mention the use of grain-based feed for commercial fish farms.
The only concierge aspect of my practice is when I make reservations for the patient to go somewhere else.
Hmmm. Maybe getting closer to patient acceptance of paying cash. One of my patients today was talking about her "naturopath" doctor. $500 per office visit. Not including the supplements, etc. She switched naturopaths, because the other one charged even more. Of course it is all out-of-pocket. I won't even get half that for the epidural I just performed...
I see this all of the time. They pay $5000 to the chiropractor for the decompression machine therapy and then complain when they have a $20 copay for me!
The only concierge aspect of my practice is when I make reservations for the patient to go somewhere else.
You guys are trying to say fee for service pain management is unethical?
the problem with straight salary is that the physicians become less productive, take less risk and eventually the employer (hospital) will be dis-enchanted w/ the physician because he/she is know a net-loss to the hospital
there are local neurosurgeons who became employees: all of a sudden - they limit their day to 20 patients per day, will only operate on urgent/emergent cases, have cut way back on their elective cases (ie: they will operate on a very healthy, straight-forward disc herniation). I have never met surgeons who were less inclined to operate...
now maybe that is a good thing, but medical care would become a quagmire if all physicians were turned into bureaucrats.
on the flip side, ideally you would pay based on outcomes... however, the only specialties who would do well are orthopods (because they fix broken bones that heal). Specialties that have a lot of non-compliant chronic illness patients will have a lot of difficulty showing improved outcomes (ie: diabetes/COPD/low back pain/depression) in a way that is measurable short term for reimbursement.
the best solution?
just have CRNAs/NPs/PAs manage all of these problems because they will fix all of our healthcare problems...
While I agree with this in principle, be careful what you wish for. Medical fees would deflate faster than Pamela Anderson's boobs in an entirely free-market system. Not many people have the disposable income to pay for a SCS system, an MRI, or even an RFL.
What's more realistic would be a system where insurance or Medicare would pay a set amount but without a cap on balance billing. So if you can find a doctor who will do your SCS for what insurance pays, good for you. Otherwise, you'll have to pay what the market dictates. If people are beating down the door to see you, you will be able to charge a premium over what insurance covers. If you're the new boy on the block you might accept insurance to build your practice.
Another system might be that the patient pays a set percentage, which will induce them to shop around for the best fees.
Whatever form it takes, the patient has to have some skin in the game so they "directly interact with the person taking his money and to evaluate the results of his care" as hyperalgesia says.
The worst situation right now is the disconnect on drug prices. This "everything's $20 for a 30 day supply" is lunacy.
You have to understand that we are seeing the prime example of moving towards the "original fee for service" --- with the huge growth in high-deductible plans, the insurance companies are making some of their biggest profits in a long time (look at recent quarterly statements).... because patients are consuming less health-care...
a patient is a lot more likely to get an ESI for $50 co-insurance versus $800 cash....