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No Insurance: Radical Idea or Old News?

No Insurance: Radical Idea or Old News?

[Daniel Paull, MD talks about a radical idea in medicine that used to be normal.]

Right now it is a radical idea in medicine to have a practice that doesn’t take or interact with health insurance companies.

Is this really such a radical idea?

Go back 70 or so years, before Medicare and you had doctors doing exactly that.

Health insurance existed as major medical, which was essentially catastrophic care.

Everyone else paid cash for things, and physicians were able to run very efficient practices.

In the olden times, they would have a staff of one to two people per physician, and one of them was often their spouse!

Docs were even able to do house calls.

 

Right now it is a radical idea in medicine to have a practice that doesn't take or interact with health insurance companies. But is this really such a radical idea? Click To Tweet

 

It seemed that physicians and patients were both much happier with this sort of arrangement.

Physicians had much lighter schedules and were able to spend a lot longer with their patients = better job.

Is this possible today? It certainly is, but you need to remove yourself from health insurance.

Health insurance is poison to a sustainable medical practice.

It sounds counterintuitive, but just look at the disappearance of smaller private practices and the preponderance of conglomerations.

Health insurance = poison for your medical practice. The sooner you realize this the faster you will be able to find happiness, joy at work, and autonomy.

Ignore this fact to your own detriment.

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