Why is derm so appealing?

[ILikeDrugs]

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I thought health insurance doesn't cover most cosmetic procedures?

It doesn't. That's why DrLove said dermatology a cash cow. When you deal with people who have cash on hand, you don't have to deal with health insurance.

 

[Doctor Cat]

I thought health insurance doesn't cover most cosmetic procedures?

Yes, that's what they are saying. Most cosmetic procedures are paid out of pocket by the patient, so a doc is not dealing with the hassle that is the insurance companies and the like. The cash flows uninhibited from point A (patient's pocket) to point B (doc pocket). Insurance companies and medicare have the reputation of being slow to pay doctors for services rendered.

 

[tima]

Patients are paying with cash, so no worries about the decreasing reimbursements in the health care reform.

I thought health insurance doesn't cover most cosmetic procedures?

 

[Doctor Cat]

It doesn't. That's why DrLove said dermatology a cash cow. When you deal with people who have cash on hand, you don't have to deal with health insurance.

Sorry, slow poster is slow. You beat me to it!

 

[tima]

And, you beat me by 1 minute.

Sorry, slow poster is slow. You beat me to it!

 

[Doctor Cat]

And, you beat me by 1 minute.

And ILikeDrugs beat me by one minute...

What does it mean...

 

[ktran17]

I thought health insurance doesn't cover most cosmetic procedures?

Exactly, if it doesn't cover it, then you don't have to deal with it, thus no hassles. 🙄

 

[AestheticMed]

Exactly, if it doesn't cover it, then you don't have to deal with it, thus no hassles. 🙄

Ah. I guess I was just thinking out of pocket would mean less money, b/c obviously people aren't as loaded as big insurance firms.

 

[gettheleadout]

Ah. I guess I was just thinking out of pocket would mean less money, b/c obviously people aren't as loaded as big insurance firms.

This depends largely on where you practice. Trying to start a cash-only cosmetic practice in rural Nebraska? Not such a good idea. Trying to start a cash-only cosmetic practice in a rich suburb? Great idea.