Concierge medical practices are nothing new here at IB, but it's always interesting to see how the market reacts to each new iteration. One of the many pitfalls of ObamaCare© is that doctors who continue to accept 3rd party reimbursement (i.e. private insurance or Medicare) will be forced to live under onerous new rules and dramatic decreases in compensation. Going "off the grid" means avoiding these kinds of problems, particularly if one already caters to a more, um, upscale clientele:
"Dr. Joseph Mulvehill, owner of Park Avenue Concierge Medicine in New York City, said he knows his hundreds – but less than 1,000 -- of patients intimately ... A visit at his office requires a wait time of zero minutes and can run over 30 minutes, all one-on-one with the doctor"
The cost for this kind of access? A very reasonable $5000 a year. Keep in mind that this does not include coverage for, say, a hospital stay or an MRI, but if one purchases a high deductible health plan as a supplement to the concierge coverage, then pretty much every eventuality is covered.
Nice outside-the-box thinking.
"Dr. Joseph Mulvehill, owner of Park Avenue Concierge Medicine in New York City, said he knows his hundreds – but less than 1,000 -- of patients intimately ... A visit at his office requires a wait time of zero minutes and can run over 30 minutes, all one-on-one with the doctor"
The cost for this kind of access? A very reasonable $5000 a year. Keep in mind that this does not include coverage for, say, a hospital stay or an MRI, but if one purchases a high deductible health plan as a supplement to the concierge coverage, then pretty much every eventuality is covered.
Nice outside-the-box thinking.
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