Markets work! The dogma of healthcare “exceptionalism” which holds healthcare doesn’t respond to market forces is starting to take some serious hits. This data shows consumers/patients are capable of, and often make, (pre-planned) informed medical decisions when given meaningful information, …
Category: advance-pricing
A Brief History of the Free Market Healthcare Movement: A discussion with Jay Kempton & Dr. Keith Smith
by Megan Freedman – Editorial Manager, Free Market Healthcare Solutions magazine These names are, in many ways, synonymous with the current free market movement, and for good reason. These men are the mavericks of healthcare. When Dr. Smith and Mr. Kempton were …
DPC and Self-Insured Employers: A New Paradigm for Primary Care
Imagine you’ve just been named Healthcare Czar of the United States. Your mandate is to achieve highly effective primary care. The road-map to effective primary care includes eliminating barriers between physicians and patients, including bureaucratic inefficiencies, while simultaneously decreasing the over-all …
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Under-Appreciated Benefits of Markets
By Robert Nelson, MD Honest price-transparent markets allow value propositions to surface and to be discovered. Contrary to the outcries of many academics, intellectuals and utopian collectivist, free markets don’t create wide-spread abuses or anarchy in peaceful law-abiding Societies. The …
Carrier Networks and the Cartel-ization of Healthcare
by Robert Nelson, MD When we have a situation, as we do in healthcare, where the networks have cornered the market and control the pipeline of patients, along with the magnitude & directional flow of money in the system, …
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The Triumvirate of Healthcare Spending
by Robert Nelson, MD 1. Price distortion 2. Price Insulation 3. Price Confusion Shared via PowerPoint on Android.
How to Control Healthcare Costs: Know Why They are High
by Robert Nelson, MD The formula for excessive Healthcare spending: Most healthcare $$ resources tied up in premiums/billing cycle + lack of price transparency + Patients chasing benefits + Doctors chasing billing codes + No incentives to care about …
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