Obamacare is increasing costs, restricting access to care, and putting Medicrats in charge. Out of this adversity comes innovative physicians who are changing the world of medical care. Doctors know what is best for their patients, so they must be the first to offer solutions to this current unaffordable system.
Ten years ago, Dr. Gerard Gianoli converted his practice in Covington, LA to third-party-free, ridding himself of insurance hassles and extensive paperwork. His patients pay cash for treatment. They know the fees before the visit, so there are no surprises. Patients may still request reimbursement directly from their insurance company. This practice model saves physicians 40% in administrative expenses, which results in significantly lower fees for the patients. Patients have freedom from the restraints of insurer networks, which doctor they can see or which procedures are covered. Physicians can treat patients the best way that fits patient needs and don’t have the burden and costs of mandatory electronic records. Patients should still have catastrophic insurance to cover big ticket items like hospitalization and emergency services.
Gerard J. Gianoli, M.D., F.A.C.S. of The Ear and Balance Institute, Covington, Louisiana, http://EarAndBalance.net speaks at the AAPS Thrive, Not Just Survive workshop held January 9, 2015 in New Orleans.
Gianoli MD, Gerard J. “Saying Goodbye to Third-Party Medical Payments.” Opinion. The Wall Street Journal, 14 Jan 2015. Web. 18 Jan 2015.