Posted Tuesday, November 17th 2015 @ 5am by iHeartMedia’s Nik Rajkovic
More doctors are trying out a fee-based approach to practicing medicine amid mounting regulation from the government.
Even here in Texas, some primary care physicians are accepting monthly fees in what’s called the “concierge medicine” model.
“Its getting prohibitive for some physicians, they’re bascially saying let’s just practice medicine, I don’t need all this interference from government regulatory agencies or from the insurance industry,” says Dr. Tom Garcia, president of the Texas Medical Association.
Unver the model, physicians charge either monthly or per week for care. Patients can keep their insurance for procedures and testing not included in the fee.
Garcia believes more family practitioners will adopt the model as Obamacare kicks in.
“The more regulations, the more legislation and the more paperwork that is required from a physician to practice medicine, I think its going to happen quicker,” he says.
Insurers warn the direct-pay model may drive up the price of health care.
“Its negotiated up front between the patient and the doctor,” says Garcia. “The normal economic transactions that occur in any market will dictate what that price or fee be.”