“More than half the doctors are now working for hospitals and other institutions, rather than in private practice. Hospitals are using their new doctor employees to get more money out of Medicare. The other major unintended consequence is the boost to consumer-directed health care. The cheapest plans are going to have deductibles of $5,000 or more. Millions of patients are going to be buying care with their own money, rather than with a third-party payer’s money. Accenture predicts the number of walk-in clinics is going to double in the next few years. They are doing what the ACOs are unlikely to do: lowering costs, increasing quality, and improving access to care.”
http://www.independent.org/newsroom/article.asp?id=4695
(Visited 31 times, 1 visits today)
Related posts:
Judge Napolitano: Spying and Lying
Bill Bonner: What I Learned in China About the Fate of the US Dollar
Should Americans Emigrate Or Defect?
11 Good Things for Liberty in 2013
Smartphone & Laptop Searches: Know Your Rights
The Nearly-Free University
Japan's Debt Problem Visualized
Bill Bonner: There Is No Security in Bonds Right Now
A (Brief) People’s History of Gun Control
Why I Bought One Bitcoin
What Percentage of My Assets Should I Hold in Precious Metals?
War Is a Certainty
Debt Excess and the Liquidation Process in a Historical Context
Losing Velocity: QE and the Massive Speculative Carry Trade
Hiroshima: Lincoln's Legacy to Civilians