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Category Archives: Incentives matter
Reducing Healthcare Costs Deductibles
BY RALPH WEBER REBC, GBA, CFP, CLU, ChFC, AEP Many health insurance agents, brokers, and consultants will tell you that increasing your deductible will reduce your healthcare costs. We know this is true in house and car insurance, so why …
Who Really Benefits from the ACA?
In the 10 minute waiting area at BNA, I watched as a hugely obese woman came from the baggage area to the car next to me, on an electric wheel chair, some costing as much as $9000. With one hand, …
Why Entitlement Programs for Healthcare are Broke
by G. Keith Smith, MD At the end of 2012, like the end of many prior years, physicians faced the draconian Medicare cuts, the threat of which has served to be one of the most effective fund raisers for politicians …
What’s really at stake with Obamacare
by Lee Hieb, MD The following is an open letter to the Republican governor of the state of Iowa, Terry Branstad. Fifteen states have passed laws (three by constitutional amendment) to ensure that citizens of their states maintain the freedom …
OK State Rep Wants Obamacare Money
by G. Keith Smith, MD Dr. Doug Cox, a Republican state legislator here in Oklahoma, has written an article in which he bemoans Governor Mary Fallin’s rejection of Obamacare’s Medicaid expansion. Among his complaints? Hospitals, facing a loss of their …
Medicine and the Twilight Zone 2013: To Serve Man
By: Marilyn M. Singleton, M.D., J.D. During a discussion on the future of health care, a clinician-turned-healthcare-executive told me that the way we “deliver health care” (not the same as “practicing medicine”) will change. It will be a “process”—a more …
Third Party Payment for Health Care – Boon or Bane?
by Lee Kurisko, MD It is amazing that people who think we cannot afford to pay for doctors, hospitals and medication, somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it. …
If You Ran a Hospital, What Would You Say?
by G. Keith Smith, MD Put yourself in the shoes of a hospital administrator, upset by the fact that a surgery center in Oklahoma, owned by a bunch of greedy doctors, has posted bundled pricing online for all to see, …
Will There Be Any Physicians Left To Implement ObamaCare?
by G. Keith Smith, MD After the election, the victors are exulting that ObamaCare is here to stay, and that the “best is yet to come” as their glorious plans to “fundamentally transform America” can proceed. In their intellectual arrogance, …
Residual Claimant: The Importance of Ownership
by Rick Weber “Residual claimant” is basically just econ-speak for owner, but it captures something about the important role they play in a productive economy. Put simply, a residual claimant is someone who takes responsibility for the use of resources …
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