Tag: medical costs

The ban on surprise medical billing is effective this year; what it means for you.

The ban on surprise medical billing is effective this year; what it means for you. It’s a jungle out there when you are in pain or have a health problem.   It’s no secret that we are all paying more for medical care and that the segmentation of care by the hospitals and the practices they purchased is a huge cost driver. There was a time before high deductibles when we all had reasonable copayments for the care we received. Most of us also had out-of-network benefits as well and could go to any provider we wanted while having insurance coverage. Read More »

My health insurance just increased 25% in NJ; something is very wrong here.

My health insurance just increased 25% in NJ; something is very wrong here. Obamacare or nobomacare, it makes no difference to me or the patients we care for as long as it serves our needs at a reasonable cost. Something has gone off the rails in Washington, as the partisans politicians fight to defeat Obamacare.  These sets of rules and regulations, already present in New Jersey before Obamacare were designed to make it easier for individuals to buy healthcare coverage. Obamacare markedly increased buyers of insurance by expanding Medicaid through exchanges and by giving subsidies to those under a certain income bracket so Read More »

Inside the Cuban healthcare system; A system based on prevention and health, that is good for providers and the patients they serve.

Inside the Cuban healthcare system; A system based on prevention and health, that is good for providers and the patients they serve. Obamacare, Trump care or any other American system of healthcare has shown itself to be expensive, and one illness can bankrupt you and leave you deep in debt.  Access to care is limited by deductibles that can be quite high and it is likely your doctor who has been in practice for years is still paying off their educational debt. Those who are below a certain level income wise can be on Medicaid, which many doctors refuse to Read More »

Doctors selling their practices have an unpleasant surprise for their patients; unreasonably high prices according to the NY Times.

Doctors selling their practices have an unpleasant surprise for their patients; unreasonably high prices according to the NY Times. Anyone who has ever gone to the hospital for a test, an overnight stay, or just an emergency room visit is likely to have a story about unreasonably high prices for the work performed. Unfortunately, hospitals have been given economic clout and a free pass on pricing their services because they reason, doing things in a hospital just cost more to perform and they are required to be there 24/7. A number of years ago, Medicare began to look at their Read More »

New medical advances and devices and cost; is the real problem insurance and a willingness by a public anxious for cures to be overcharged?

New medical advances and devices and cost; is the real problem insurance and a willingness by a public anxious for cures to be overcharged? There are many medical technologies that are expensive by design. The newest, latest and greatest device for helping those with life threatening conditions such diabetes come with huge costs for small devices that likely have unbelievable markups. In a real marketplace, that is uncontrolled such as the American healthcare marketplace, overpriced technologies would soon need to lower their cost to compete and be purchased by a public who wants better healthcare technologies to improve the quality Read More »