Right Under My Nose

In a really interesting “review and outlook” in the Wall Street Journal, there is a synopsis of what they call ObamaCare in Reverse.   They explain how one state passed laws like the new Affordable Healthcare Act in 1993 and subsequently  four of the five insurers left the state.  This lead to higher premiums, consumers dropping insurance coverage, and then even higher premiums.    Then in 2010 some steps were taken to deregulate the insurance market: all the insurance products were NOT the same, people could shop around for providers, and a reinsurance fund for high cost patients were created.  Two years later, one insurance company’s premiums have dropped 69%.   Which state is this?  My state of Maine!   I know the WSJ leans right but their point that the “most heavily regulated insurance markets are the most expensive” seems legitimate.

Douglas Farrago MD

Douglas Farrago MD is a full-time practicing family doc in Forest, Va. He started Forest Direct Primary Care where he takes no insurance and bills patients a monthly fee. He is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. Dr. Farrago is the author of four books, two of which are the top two most popular DPC books. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Dr. Farrago is also the editor of the blog Authentic Medicine which was born out of concern about where the direction of healthcare is heading and the belief that the wrong people are in charge. This blog has been going daily for more than 15 years Article about Dr. Farrago in Doximity Email Dr. Farrago – [email protected] 

  1 comment for “Right Under My Nose

  1. big picture doc
    June 6, 2012 at 10:29 pm

    A reinsurance fund for hight cost patients is regulation.

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