« Random resource | Main | More ways to punish the poor »

April 11, 2006


Nate Ogden

With CDHC the price would be agreed to by the patient and the doctor not dictated by the insurer. If a Dr charges more then average and the patient thinks the Dr worth it they can pay it. The payment, whatever amount it is, would be paid at the time of service by the patient, credit card linked to HDHP, eliminating billing, waiting for payment, and processing payments then balance billing the patient. Vast majority of care, measured as visits not dollars, are routine office visits or care, this would drastically cut the providers administrative cost. All they would do is forward a copy of the HCFA to insurer for record keeping, thats done through EDI and cost pennies. Reduced paper, postage, and labor would easily be a double digit increase to revenue allowing billed price to drop.

The comments to this entry are closed.