Hospitals vs. Insurers

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For those that don’t know, many big hospital systems are getting into the insurance racket.  Obviously, this is pissing off the big insurers.  I, for one, say we let them go at it.  Here are some highlights from a Modern Healthcare article:
In markets across the U.S., health systems and medical groups increasingly are competing against insurers to enroll employer groups and individual consumers in their health plans. Providers are eyeing the insurance market because they are entering global budget contracts and figure they might as well capture savings for themselves from their more efficient care delivery. But launching their own plans may also strain negotiations with insurers over rates and networks, said Lofton and other health system leaders at the annual meeting of the American College of Health Care Executives in Chicago.

I love it!  This is like Alien vs Predator.  Okay, so the movies sucked but the arcade game was good.  Anyway, it adds competition to the mix, which we need to bring prices down.  This will work if the insurers don’t walk away from the fight, which they may and then we are back to square one.  But they haven’t yet and I say we sit back and watch the fireworks.

 

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 “Hospitals vs. Insurers

  1. Pat
    March 24, 2015 at 8:29 pm

    Haha, great analogy!

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