Skip to main content

How to Save Health Care Dollars


Health care costs in America are incinerating nearly 20% of the Gross National Product.   Can you say, non-sustainable?   Folks have been bloviating for decades about reforming the health care system with respect to quality, cost and access to care.  This is quite the quagmire.  If it were easily solved, then it would have been done during the Truman administration.


He couldn't get it done.

 
Here are a few reasons why it has been so tough to crack this case.
  • Cutting costs can threaten medical quality.
  • I know of no player in the Medical Industrial Complex who is willing to sacrifice his own revenue to serve the greater good.
  • Pharmaceutical companies receive federal research dollars but are not subject to reasonable governmental control on their opaque pricing schemes.
  • The public expects every conceivable medical benefit, preferably for free.
  • The fee-for-service model drives unnecessary medical care.
  • Pharmacy Benefit Managers – huge middlemen – suck out gazillions of dollars from the system, much of which could be returned to patients to reduce their costs.
  • Medical students typically borrow a few hundred thousand dollars in loans.  This reality drives many of them into high earning medical specialties which ultimately cost the system more money.  We need more primary care physicians, not plastic surgeons.
  • There is an explosion of pricey medical technological health care with duplication of services among competing institutions which may be across the street from each other.   How many MRI machines does one city really need?   And, to justify the costs, each institution must aggressively market for patients.
  • Pharmaceutical ads, much of which is aimed directly to the public who cannot prescribe their own drugs, costs money.  Aren’t you sick of hearing, “Ask you doctor if _____ is right for you!”
  • There is a tsunami of overdiagnosis and overtreatment that is draining the system of zillions of dollars, while also exposing the public to the risks of unnecessary care.
It has always been my personal view that we could markedly increase medical quality and decrease costs simultaneously.   If we could cull the system of unnecessary care, costs would plummet and patients would be liberated from the medical labyrinth that is often the final destination of an unnecessary medical inquiry.  Patients can enter this maze easily, but struggle to find the exit.  Some are trapped inside for years.

So often, an unnecessary (or even necessary) medical test turns up ‘abnormalities’ unrelated to the issue at hand.  Every one of us has internal imperfections that mean nothing.  Once doctors discover them, however,  they then assume an attack mentality to prove that the accidental findings are innocent.   While the doctor may be relaxed during this exercise, the patient is anxious suddenly believing that he could be harboring a serious condition.  Physicians' reassurances may sound hollow to our vexed patients.   “Doctor, I know you said I shouldn’t worry, but then why do I need to repeat a CAT scan in 4 months?”

Why can’t we get to the end zone on controlling medical costs?  To do so would require some businesses and industries to disappear, some occupations to end and many incomes to decrease.  Think of your own profession.   Would you be willing to lose your job or take a 30% pay cut to reform your profession?  I have found that it’s easier to ask someone else to sacrifice for the greater good than to do so yourself.

Comments

  1. "The fee-for-service model drives unnecessary medical care."

    That's the insurance industry-generated talking point, but there's no evidence to prove it.

    ReplyDelete

Post a Comment

Popular posts from this blog

When Should Doctors Retire?

I am asked with some regularity whether I am aiming to retire in the near term.  Years ago, I never received such inquiries.  Why now?   Might it be because my coiffure and goatee – although finely-manicured – has long entered the gray area?  Could it be because many other even younger physicians have given up their stethoscopes for lives of leisure? (Hopefully, my inquiring patients are not suspecting me of professional performance lapses!) Interestingly, a nurse in my office recently approached me and asked me sotto voce that she heard I was retiring.    “Interesting,” I remarked.   Since I was unaware of this retirement news, I asked her when would be my last day at work.   I have no idea where this erroneous rumor originated from.   I requested that my nurse-friend contact her flawed intel source and set him or her straight.   Retirement might seem tempting to me as I have so many other interests.   Indeed, reading and ...

Stop Medical Malpractice: The White Coat Wall of Silence

Photo Credit Leisure Guy, one of my most faithful commenters, opines that I am omitting an important aspect of the tort reform argument. He has implored me repeatedly to read a particular book that I suspect buttresses his views, but this worthy pursuit is simply not near the top of my priority pyramid. Since he’s retired, he enjoys the luxury of burrowing deeply into the base of his priority pyramid. With 4 tuitions to go, retirement is a distant mirage for me. I’m can be a ‘leisure guy’, but only in my dreams. I have written throughout this blog and elsewhere that there are too many frivolous lawsuits against physicians. I have admitted that caps on non-economic damages are not ideal, because they deny some worthy plaintiffs of complete compensation, but I support them because I believe they serve the greater good. I have ranted that there is no effective filter to screen out physicians who should never be invited to the litigation party in the first place. I believe that the...

Will Artificial Intelligence Become My Doctor?

Artificial intelligence (AI) is riding over the countryside and the globe on a tidal wave.  It will gather strength and will become a tsunami sooner than we think.  Like any tool, its use depends upon the intent of the user.   A hammer can be used to build but can also be used to break.  It can serve as a weapon.  The tool bears no culpability. We have no reliable way to prevent tools from being used for nefarious activities. I don’t think the solution is to eliminate hammers from society to reduce hammer violence.   The overall idealized strategy is to stifle dark intent lurking within people so that they might not consider taking evil actions. Sadly, we have all seen that this worthy task is far out of reach.   We simply don’t have a tool to accomplish this. A tool with many uses. AI will be a tool like no other.   It will deliver preternatural benefits in every sphere of society. I predict that it will make the internet seem quaint by ...