Stop the Confusion


This is why health insurance has to change to catastrophic insurance:

Only 4% of Americans responding to a recent survey could correctly define co-insurance, copayment, deductible and out-of-pocket maximum. The survey also found an average 25 percentage point difference in the number of people who thought they could define one of the terms and those who actually could.

This garbage has to stop.  All other insurance (auto, house, etc) is catastrophic.  Let Americans have a safety net of some amount, depending on income, and let them have a tax deductible health savings account.  And watch them shop around and we will see prices drop as in any other free market system.

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]

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1 Response

  1. T Newberry says:

    Combine this with a simple new law that disallows direct third party payments for medical services and we’ve just fixed the healthcare industry!

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