Brian Sachs, MD
@briansachs
Hospitalist and Family concierge physician | Medical charity & missions | Healthcare policy advocate | originally from Madison, WI
ID: 45274667
07-06-2009 03:26:12
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I was also just on a forum, last night with bipartisan colleagues here on X, discussing healthcare reform. One major concern with Rick Scott is his questionable history of healthcare waste and alleged fraud. There is FAR too much financial power given to insurance, pharma,
Insurance exists to cover events that are random, infrequent, catastrophic, & outside the control of the individual. Thatโs Econ 101. But hereโs the rub: only 30% of medical events meet these criteria, yet >70% of healthcare costs are borne by insurance. A hard question about
๐๐๐๐ข๐๐๐ซ๐ ๐ข๐ฌ ๐ฉ๐๐ฒ๐ข๐ง๐ ๐๐จ๐๐ญ๐จ๐ซ๐ฌ ๐๐๐๐ ๐ฐ๐๐ ๐๐ฌ ๐ญ๐จ ๐ฉ๐ซ๐๐๐ญ๐ข๐๐ ๐๐๐๐ ๐ฆ๐๐๐ข๐๐ข๐ง๐. ๐๐ข๐ง๐๐ ๐๐๐๐, ๐ข๐ง๐๐ฅ๐๐ญ๐ข๐จ๐ง ๐ก๐๐ฌ ๐ซ๐ข๐ฌ๐๐ง ๐๐.๐%. Medicareโs physician payment formula (the Conversion Factor)? Down 9.9%. Thatโs not
Rep. Marjorie Taylor Greene๐บ๐ธ Easy off ramp: 1. Repeal ACA and all remaining components 2. Pass site neutral payments for doctors 3. Fix the Medicare Conversion factor ie double it to match inflation 4. Repeal ban on physician owned hospitals 5. Once ACA repealed INS co offer catastrophic plans again 6.