Daniel Paull, M.D.’s Post

Join the movement. Stop using health insurance for routine medical care. I know that is a radical statement, but several states (Texas included) mandate that you can apply the resulting bills towards your insurance deductible. There is an insurance middleman standing between you and your doctor. He does not have your best interest at heart. His presence is driving up the cost for everyone and driving down the quality of care. Doctors and nurses are leaving the profession in droves, with the main reason being the frustration of not being able to care for our patients due to the man in the middle. Find a doctor who offers direct care (cash-based medical care) and watch your care improve and your costs go down. You will be surprised at how dramatically-different the experience is.

Why You Should Increase Your Health Insurance Cover Every 3 Years Reducing your health insurance cover can expose you to significant financial risks, especially with healthcare costs rising by 18% to 20% annually. Technological advancements, such as the transition from X-rays to MRI scans, contribute to these increasing expenses. Hospitals, even in smaller cities, invest in advanced equipment like robotic surgery systems, further driving up costs. High-tech medications, backed by extensive R&D, are also costly, and rising real estate and staff salaries add to the financial burden. With these factors, a lower sum insured might not cover the steep costs of modern treatments, leaving you vulnerable during medical emergencies. For instance, major heart treatments in metro cities can cost: - Heart Transplant: Rs. 18-25 Lakhs - Angioplasty: Rs. 2.5-5 Lakhs - CABG: Rs. 2.5-5 Lakhs - TAVI/TAVR: Rs. 19-40 Lakhs A sum insured of Rs. 3 Lakhs is insufficient for such treatments. Reassess your health insurance cover every three years and increase it to keep pace with inflation and rising medical costs, ensuring adequate coverage for unforeseen medical needs. Source- https://lnkd.in/d6vxgf65 #HealthInsurance #InsurancePremium #Insured #HealthPolicy #HealthThreats #HealthCover #Insurance #InsuranceAdvisor #InsuranceBroker

If you were to take a step back in time 60 to 70 years, and went to go see the doctor it would be an entirely different experience. The office would be very modest by today's standards, maybe a staff of one or two besides the doctor, with one of them being a spouse. The doctor would see many less patients, but spend a lot longer with each one. Even though the medical technology and outcomes weren't as good, the care was in many ways better, as docs weren't rushing to see 30+ people a day, focusing on charting and billing rather than patient care. What killed this type of care? Health insurance companies and hospital conglomerates. Remove those entities and the practice of medicine today has a similar feel to 60 years ago. More time spent with the patient = higher quality of care. #healthcare #medicine #directcare

CVS posts big earnings miss, cuts profit outlook on higher medical costs. CVS Health on Wednesday reported first-quarter revenue and adjusted earnings that missed expectations. The company also lowered its full-year profit outlook, citing higher medical costs that are dogging the broader U.S. insurance industry. Insurers have been seeing medical costs spike as an increasing number of Medicare Advantage patients return to hospitals to undergo procedures they had delayed during the pandemic. $CVS https://lnkd.in/gbwFTtMa #tradeguard #receivableputoptions #arputs #receivableputs #tradereceivables #accountsreceivables

Still think healthcare should be a private enterprise? Independent Health is proposing unprecedented rate increases in 2025. Oh wait there's more. Are they going to pay their providers more...no. Surely, the services they offer will be better...no. IH just says, our costs have gone up. Uh huh. Now, they abruptly remove my company's ability to use our Credit Cards to pay this monthly premium BLAMING CARD COMPANIES FOR INCREASING FEES!! Meanwhile, IH immediately pockets the 3% fees, while eliminating our ability to earn cashback or control our cashflow. It's almost as if, private health insurance companies exist for one reason...to make as much money as possible. As IH works to pocket an additional 10-25% profits this year, let's change this rotting system. We NEED Universal Healthcare and we needed it 10 years ago. #universalhealthcare #healthinsurance #failure

Prior authorization with insurance has added a ton of bureaucracy, costing a staggering $35 billion to manage the process. This leaves both doctors and patients exhausted, and often results in unresolved medical conditions. It's time to streamline the prior authorization process to take into consideration a provider's longitudinal impact on the patient's care journey. No one should have to lose their vision or a loved one while insurance companies are making annual profits in the billions. Let's work together to make healthcare more efficient and effective for everyone. #healthcare #priorauthorization #streamliningprocesses

#PeaceofMind for Your #Growing Healthcare Practice: Secure Your Future Today The Indian healthcare landscape is ever-changing, and unexpected events can disrupt your ability to care for patients. Don't let that happen!** We understand the unique needs of healthcare providers, and we're here to be your partner in navigating the complexities of healthcare insurance. Protect Your Practice and Your Patients: - From fires and floods to medical malpractice lawsuits, unforeseen events can damage your facility, halt operations, and cause financial strain. Insurance safeguards your practice assets, equipment, and critical patient data, ensuring a smooth recovery and continued patient care. - Comply with Regulations: Many Indian healthcare facilities have mandatory insurance requirements. We'll help you ensure you have the necessary coverage to comply with regulations and avoid penalties. - Financial Protection: Medical malpractice suits are a reality for healthcare providers. Our insurance plans can provide coverage for legal expenses and potential payouts if a patient sues your practice. - Employee Security & Attraction: Accidents and illnesses can happen. Employee benefits insurance provides financial support to your team during difficult times, promoting a stable and secure work environment, which can be crucial for attracting and retaining top talent. Get a Free Consultation and Secure Your Future! We understand that cost is a major concern. That's why we offer a free consultation to assess your practice's needs and recommend the most cost-effective insurance options. Don't let a single event disrupt your ability to provide quality care to your patients. Let's work together to ensure your healthcare practice thrives in the ever-evolving Indian market. Schedule your free consultation today! #healthcareinsuranceindia #medicalmalpracticeinsuranceindia #healthcareproviderinsuranceindia #indianhealthcare #healthcarebusinessindia #doctors #hospitals

Insurers reap hidden fees by slashing payments. A recent investigation by The New York Times reveals how data firm MultiPlan, helps health insurers make more money by cutting payments to out-of-network providers. These providers are feeling the strain and often, patients can still end up with large bills for the difference. MultiPlan's aggressive "cost-containment" approaches have led to concerns about fairness and transparency in healthcare billing. Insurers “have a large and mostly hidden financial incentive to cut…reimbursements as much as possible,” wreaking havoc on patients and the healthcare system. Based on extensive research and powerful personal interviews, this piece highlights tragedies and challenges patients face when they must receive care from out-of-network providers. As they struggle, insurers continue to “line their pockets” and refuse to take responsibility for fees. As Ms. Lawson points out, (who has a $100k bill, thanks to United Healthcare): isn’t this why you pay for insurance in the first place? Read more: https://lnkd.in/ev3nY-76 #MultiPlan #HealthInsurance

Murder is not the solution but there is a bigger issue here. Did you know that physicians’ salaries only make up 6-7% of most healthcare organization’s budget? The money trail of greed in healthcare is getting revealed. I love following medical influencers who are brave enough to share the truths about our healthcare system. I found it necessary to share what CEOs of these healthcare industry make? Save and share before it gets taken down. Someone commented on my post that these are typical CEO salaries. My immediate thought: Great for many CEOs but patients die or have delays in medical care as a result of insurance denials. I have fought insurance companies many times in my career to get patients what I knew they needed medically. My business iHLTH helps patients with easier access to lab testing with transparent pricing, extreme efficiency and minimal frustration…the way accessing healthcare should be in my opinion. I will continue the fight until healthcare put patients first. 🩵 Comment with your experience of health insurance denying medical lab tests, medications or procedures. #healthiswealth #patientsoverprofits #smallbusiness https://lnkd.in/e98yN3xm

💴 💷 𝐂𝐚𝐬𝐡 𝐩𝐥𝐚𝐧𝐬 𝐚𝐫𝐞 𝐚 𝐩𝐨𝐩𝐮𝐥𝐚𝐫 𝐰𝐚𝐲 𝐭𝐨 𝐦𝐚𝐧𝐚𝐠𝐞 𝐞𝐯𝐞𝐫𝐲𝐝𝐚𝐲 𝐡𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐜𝐨𝐬𝐭𝐬, 𝐛𝐮𝐭 𝐭𝐡𝐞𝐫𝐞’𝐬 𝐦𝐨𝐫𝐞 𝐭𝐨 𝐭𝐡𝐞𝐦 𝐭𝐡𝐚𝐧 𝐦𝐞𝐞𝐭𝐬 𝐭𝐡𝐞 𝐞𝐲𝐞. 1. 𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 that cash plans help cover routine healthcare expenses, like dental check-ups, eye tests, and physiotherapy? The upside is that they’re focused on everyday health needs, making them practical for regular use. 2. 𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 that cash plans are often more affordable than full health insurance? Many plans start at low monthly costs, and you can often tailor them to cover only the treatments you’ll actually use. 3. 𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 that most cash plans offer quick reimbursement? After paying for a covered treatment, you can often submit a claim and get reimbursed within a few days, making it easy to manage out-of-pocket costs. 4. 𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 that cash plans don’t typically require medical exams or health questionnaires for enrollment? This means they’re accessible to a wide range of people, regardless of their health history. 5. Did you know that many cash plans allow you to add family members, such as children or partners, to your plan? This makes it easy to extend affordable healthcare support to your loved ones for routine treatments. 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐟𝐢𝐧𝐝 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞? https://lnkd.in/dN9gGzNt #remulateprotect #remulate #protection #businessprotection #individualprotection #rewards #insurnace #businessinsurance #personalinsurance #privatemedicalinsurance #personalisedinsurance #businessprotection #remulaterewards #rewardsplatform #smeprotection #corporateinsurance #businesscover #employeebenefits #employeerewards #employeerecognition #employeeretention