DIRECT PRIMARY CARE CHANGES FINANCES FOR PHYSICIANS AND PATIENTSSep 2nd, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Senior Finances
Direct Primary Care Explained
Primary care physicians in about half of the states have become direct primary care physicians. DPC docs set their own prices for medical care they deliver, and patients make monthly payments directly to the physicians. These docs do not accept any patient insurance plans. New concept in the medical care delivery system.
There are obviously a lot of issues involved in such a change, and this is what one physicians said as reported by Forbes:
“The increased accessibility and quality of DPC can’t help but mitigate the shortage. I am the urgent care. I am the ER. I do the home care needed to decrease hospitalizations. I’m their pharmacy and the lab. I’m their diagnostic center. I’m the missing link to ensure continuity of care and eliminate costs. How many fewer doctors are needed now because one doctor is correctly incentivized to improve all of these factors? How many physicians will avoid retirement, change their practice, and return to and embrace Family Medicine again? How many students will gravitate towards primary care now because it’s better care, better lifestyle and better money?” (Josh Umbehr, MD)
Advantages of Direct Primary Care
The advantages of such a system include
- it costs the patient less money than insurance plans
- reduction of paperwork
- numbers of primary care physicians will increase because the DPC system is more desirable than the medical insurance system
- patients will get better, more personalized care because the primary care physicians is able to devote more attention to each patient
SCJ found this concept fascinating. Here is a link to more information to better understand the system.