Spending Someone Else’s Money Is Inefficient. So Why Does Healthcare Insist On Doing It Like That?

Jeffrey Singer, M.D., or Dr. Singer, is a general surgeon in Arizona. He’s also an adjunct scholar at the Cato Institute.

He claims that healthcare costs are too damn high—and they’re only getting worse. He’s got every reason to make that claim. Turns out that last week, researchers at Harvard and Dartmouth released a report estimating that healthcare costs will continue to grow faster than the economy for at least the next two decades.

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Think Like A Business! High-Deductible Plans Will Decrease Healthcare Spending.

High-deductible health plans appeared after legislation was passed in 2003 that required persons opening a health savings account to enroll in a high-deductible plan. They gained prominence recently as employers watched their own healthcare spending skyrocket.

And in 2013, the U.S. Department of Health and Human Services reported that healthcare spending had grown at a record low pace from 2009 to 2011.

However, in this new HSA environment, practices need to think more like a business.

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Coverage Does Not Equate To Savings — Bronze Plan’s High Deductible Leaves Family Out To Dry

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Recently, we received a call from someone who wanted to learn more about our model.

Turns out, their ACA Bronze Plan no longer covers their medications, meaning they now will pay $600/mo until they reach their $6800 deductible.

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Is This The Start Of A New Trend? Covered California Patients Are Saying They Can’t See A Doctor.

While open enrollment for coverage under the Affordable Care Act is closed, many of the newly insured are finding they can’t find doctors, landing them into a state described as “medical homelessness.”

Rotacare, a free clinic for the uninsured in Mountain View, is dealing with the problem firsthand.

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