How Government Regulations Made Healthcare So Expensive | Blog | Mises Institute

Originally posted on THE SOVEREIGN PATIENT:

DECEMBER 17, 2013 Mark Thornton

download (13)“Those who cannot remember the past are condemned to repeat it,” declared philosopher George Santayana.  The U.S. “health care cost crisis” didn’t start until 1965.  The government increased demand with the passage of Medicare and Medicaid while restricting the supply of doctors and hospitals.  Health care prices responded at twice the rate of inflation (Figure 1).  Now, the U.S. is repeating the same mistakes with the unveiling of Obamacare (a.k.a. “Medicare and Medicaid for the middle class”).

Figure 1:  An Indexed Comparison of Health Care Inflation and Consumer Price Index in US from 1935 to 2009  (Source: US Census 2013) Nobel Prize-winning economist Milton Friedman wrote that medical price inflation since 1965 has been caused by the rising demand for health-care coupled with restricted supply (Friedman 1992). 

via Blog | Mises Institute.

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The 12 days of Obamacare

By A DPC Family Physician
Sing to the tune of the 12 days of Xmas

On the first day of Xmas from Washington DC
Obamacare lied to me

On the second day of Xmas from Washington DC
Healthcare.gov is crashing
And Obamacare lied to me

On the third day of Xmas from Washington DC
Jonathan Gruber gloating
healthcare.gov is crashing
And Obamacare lied to me

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DEA Things you should know

DEA takes in $836,000,000 every three years on registration fees from physicians or $279,000,000 each year from doctors alone!

This does not include higher fees charged to pharmacies, hospitals, and pharmaceutical companies.

The Form takes 5 minutes to complete online so the charge to doctors should be no more than $20 every three years if you consider the overhead to administrate the registration forms! But the cost is $760 and rising!

All for the privilege of writing the public/patients an Rx for pain medications for which there is no reimbursement.

Only 9 comments from the 1.1 million physicians who pay this outrageous fee. Where is our leadership?
And government says it wants to reduce the cost of healthcare….really?

We need representation with teeth; not a toothless tiger.

Feds plan for 35 Agencies to collect/share medical records-hold your sides when reading

Barbara Duck – @MedicalQuack – comments on the HHS Federal Health IT Strategic Plan 2015-2020

A novice wrote this it appears from HHS and where in the heck are they going to get the IT infrastructure time, money and personnel to do this? It’s a bit of a joke as we all know Heatlhcare.Gov is not even done yet, so there’s a point of reference for you as far as time and this is a pretty massive undertaking. Continue reading

Obama’s Care vs Obamacare

Friday afternoon, it was reported through the media that Pres. Obama was seen at Walter Reed Hospital health system for sore throat complaint for two weeks. Interestingly enough, despite advocating for, lying about, and forcing Obamacare ACA, so called healthcare reform on our nation, he continues to have private “Cadillac plan” health insurance completely paid for by taxpayers. As per the reports, within a half hour timeframe, he had a consultation and multiple tests. He was said to have an ENT specialist consultation($300), nasolaryngoscopy($300), and a neck CT scan($800). All this resulted in a diagnosis of GERD, gastroesophageal reflux disease.

Let’s break this work down as if he had Obamacare ACA compliant, high cost, high deductible insurance. Since he would have Obamacare, chances are he couldn’t keep his regular doctor as they use narrow networks for cost control. After he found another doctor that was in his insurance network and compliant with the plan, he could get an appointment with his family physician or internal medicine physician within a couple of weeks. With Obamacare compliant plans, they act like managed care HMOs and require a primary care visit prior to specialist referrals. Pres. Obama’s direct access to a specialist ENT physician, would have been uncovered and out of the question. Because it was a symptom or disease based complaint visit, it would have been applied to his deductible and he would have had to pay.

Further, he had a nasal laryngoscopy procedure in the office at the same time. With Obamacare compliant plans, it would not have been able to be done the same visit as they require precertification; an insurance mandated procedure where the primary care physician must follow an appeal process to get insurance to consider coverage. A follow-up visit would then be required to do the procedure and billed for another consultation.

Furthermore, the president had a neck CT scan which is an expensive high-tech procedure using radiation to form images and read by a radiologist. This procedure also would not have been immediately covered by Obamacare compliant plans, and would have required precertification and would have been subject to a large deductible.

Last of all, all the care and expensive special studies would have been applied to his deductible. Pres. Obama would have received a bill for as much as $1,400 for the overblown and overpriced work up. Then the phone call complaints to his insurance company, doctors, and Congress people would begin.

All in all, the president’s specialist consult and two expensive high-tech procedures would likely not have been done for paid for if he had Obamacare compliant health insurance. Like the rest of us, he would have likely waited to see his primary care physician till an appointment was available for someone with his Obamacare compliant health insurance. His eight minute exam yielding the same diagnosis of GERD would have resulted in his doctor giving lifestyle advice like quitting his smoking addiction and his use of coffee and other acid provoking habits. Perhaps, he may have also been given a trial of an acid reducing medicine as he likely was after his expensive and Obamacare uncompensated work up.

It is time that the citizens of our country stop allowing the elected and appointed leadership to act like royalty with different laws and benefits applying to them exclusively at the burden of the taxpaying public. Obamacare ACA must be completely repealed in the new year by the new Congress the people elected to do so. Then, and only then, can all parties including physicians and patients this time, come to the table to provide free market competitive healthcare options that patients can freely choose of their own accord, with their own value systems, and directly pay for accordingly.

Best wishes for good health,
Craig M. Wax, DO
Family physician, Editorial Board of Medical Economics
Host of Your Health Matters
Rowan Radio 89.7 WGLS FM

http://wgls.rowan.edu/?feed=YOUR_HEALTH_MATTERS

Twitter @drcraigwax
Independent Physicians For Patient independence @IP4PI
IP4PI.wordpress.com

A win for physicians in battle against FSMB

Arizona State Senator Kelli Ward, DO reports:

Friday at ALEC (American Legislative Exchange Council), my model legislation [co-sponsored by AAPS] opposing participation in the FSMB’s Compact passed unanimously through the Health and Human Services Task Force.

This resolution calls for all states to avoid any involvement with the Federation of State Medical Board’s Interstate Medical Licensure Compact. Tell your state legislators about this model legislation! CLICK here for background and full text.

 

 

Time for Physicians to Promote Alternative to ObamaCare

Guest Post from Nick Pandelidis, MD:

We, physicians, are at a uniquely opportune time to offer an alternative health care reform to ObamaCare. First and foremost, people have come to see that the Affordable Care Act has made insurance unaffordable for many people. The individuals/families in the individual insurance market learned firsthand that the President’s promise that “If you like your insurance you can keep your insurance” was a blatant lie. The American people more generally have witnessed the incompetence of government in the inept rolling out of ObamaCare and in the care of our military veterans.

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