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Category Archives: Hospital Bills
Medical Pricing Cartels Create Wide Variation in Costs (Part II)
By Ralph Weber, REBC, GBA, CFP, CLU, ChFC, AEP See Medical Pricing Cartels Create Wide Variation in Costs (Part I) here. PPOs operate like cartels which are shrouded in secrecy. Insurance companies execute proprietary secret contracts with their PPO network …
Two Trends in Healthcare That You Need to Know About – Part 2
BY LEE KURISKO, MD In Part 1, the trend towards physician employment by large health care entities was reviewed. In a system of third party payment, it is becoming a necessity to survive the currently regulatory state. The complexity of …
The Dirty Secret of a PPO
The Affordable Care Act of 2010 has passed, and while the healthcare landscape has fundamentally changed in America, arguably our biggest challenge remains untouched. HMOs across the country have been warning of 30% insurance premium increases[1] as a result of …
MediCrats increase the cost of care
A picture is like 1,000 words. Why does healthcare cost so much? Here’s where MediBid cuts through the mess.
The Obamacare Revolt: Physicians Fight Back
Dr. Ryan Neuhofel, 31, offers a rare glimpse at what it would be like to go to the doctor without massive government interference in health care. Dr. Neuhofel, based in the college town of Lawrence, Kansas, charges for his services …
The Pimple and the Cancer
by G. Keith Smith, MD A fellow physician told me recently that he had seen a worker’s compensation patient who had been treated and released by another surgeon for a wrist fracture. He was now in my friend’s office complaining …
Obamacare Insurance Plans Will Be Simple and Pricey
For one thing, insurers will want to protect against the risk that individuals entering the exchanges are those who most need health insurance because of pre-existing illness. If this sort of “adverse selection” occurs, it will raise costs to insurers. …
Crony Capitalism History Repeats Itself
by G. Keith Smith, MD Prior to the Hill Burton Act of 1946, many if not most of the hospitals in the U.S. were owned by the physicians who worked in them. Passage of this legislation created what we now …
The Bundlers Are Coming! The Bunglers Are Coming!
by Marilyn Singleton, MD, JD My long-time self-paying patient opined that the end of fee-for-service payments (payment for what you get) was imminent. I lightheartedly asked her how physicians would be paid. Would they be housed in military barracks and …
How are we going to pay the doctors?
by Jane Orient, MD Congress has been working on the medical cost problem since 1965. It still has not found the right way to pay doctors. Medical expenses started exploding soon after Medicare was enacted in 1965, and Congress has …
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