Posted by: AtlasMD

July 28, 2013

A Tragicomic Irony: Pretending To Be Uninsured Might Save Patients Money

Dark Daily, our favorite watchdog publication, posted price comparisons between insured and uninsured patients. The numbers vary state to state, but the overall trend is that insured/Medicare patients are on average being charged a third of what uninsured patients are. This is a polar shift from the 1950s, when the poor and uninsured were charged the LOWEST rates of any patient. But there was also an ironic finding, steep cash discounts are being offered to patients who can pay for a service upfront. “[It was] suggested that when hospitals offer such deep discounts for paying cash, patients with high deductibles may be better off withholding their insurance information and paying the cash price.” This reminds us of a great quote by Richard Feynman, who says, “The thing that doesn’t fit is the thing that’s most interesting.”

More Reading
Hospitals Generally Charge Self-pay Patients Top Price for Care, but Some Providers Now Offer Deep Discounts for Patients Who Pay with Cash” | Dark Daily 

Are Health Plans REALLY Going To Fall 50% in New York?

Are Health Plans REALLY Going To Fall 50% in New York?

Many outlets are reporting on a New York Times article claiming that “health plan costs for New Yorkers are set to fall 50%” as changes under the federal health care law take effect. This was announced by Gov. Andrew M. Cuomo on Wednesday, July 17. He is quoted as saying, “New York’s health benefits exchange will offer the type of real competition that helps drive down health insurance costs for consumers and businesses.”

One problem with the article is that it actually says, “While the rates will fall over all, apples-to-apples comparisons are impossible from this year to next because all of the plans are essentially new insurance products.” This immediately got us thinking, well where did a 50% price drop come into play?

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LINKS: Rage Against The Healthcare Machine

h gilbert welchIn case you needed any more reasons to get incensed with healthcare’s exorbitant costs, The New York Times has you covered. First, you’ll want to read their piece about how ridiculously overpriced it is to have a baby in this country (“American Way Of Birth, Costliest In The World” via The New York Times).

According to the article, “Women with insurance pay out of pocket an average of $3,400, according to a survey by Childbirth Connection, one of the groups behind the maternity costs report. Two decades ago, women typically paid nothing other than a small fee if they opted for a private hospital room or television.”

And that’s just the start. Read more

You CAN’T Beat Our Prices At AtlasMD

Seriously, you can’t beat our prices on panels, tests, procedures and prescriptions. Well you could, but we wouldn’t advise it. Keep in mind that AtlasMD’s subscription model might vary from yours. In our case, we’re charging monthly for a principle service that includes 24/7 access to an exclusive doctor, who sees no more than 500 patients. Phone calls, text messages, select procedures (abrasions, incision and draining and more), and more are all included.

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