First question out of the barrel might be “how can that be”. It’s really not too difficult to figure out. A short while back United Healthcare bought a pharmacy benefit manager named Catamaran, and actually took on $10 billion in debt to acquire them. This has been in the news for a while actually, so how did you end up with United Healthcare. It’s easy, Catamaran is the Pharmacy Benefit Manager for Cigna, so when United bought the company, it became a subsidiary of United Healthcare, so there you go. The company is now a subsidiary of the huge too big to fail health insurer, who actually gets 2/3rds of their revenue from insurance policies and the rest from selling software and algorithms for a big chunk of the other third. Continue reading →
Dr. Craig M. Wax was privileged to speak with Dr. Ben Carson on the conference call tonight. Dr. Wax made a statement about re establishing a robust freemarket in health insurance and hospital competition to bring quality and best price to market. He echoed my sentiment and said “Dr. Wax, I couldn’t have said it better myself.” Dr. Ben Carson 2016 is part of the solution to prevent America’s decline.
All physicians must consider moving to Direct Care; Hippocratic Oath based medicine where patients choose the professional, the mode of care and pay a competitive rate directly at time of care. This will eliminate expensive and wasteful government, insurance and hospital healthcare system bureaucracy administration costs. Individual physicians should work directly for each individual patient in a direct relationship. I call it “individual healthcare healthfreedom,” as opposed to insurance and hospital system oligopoly domination, or
Government healthcare fascism.
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
Independent Physicians For Patient independence @IP4PI