Dr. Michael Ciampi took a step this spring that many of his fellow physicians would describe as radical.
The family physician stopped accepting all forms of health insurance […]
But the decision to do away with insurance allows Ciampi to practice medicine the way he sees fit, he said. Insurance companies no longer dictate how much he charges. He can offer discounts to patients struggling with their medical bills. He can make house calls.
“I’m freed up to do what I think is right for the patients,” Ciampi said. “If I’m providing them a service that they value, they can pay me, and we cut the insurance out as the middleman and cut out a lot of the expense.” […]
…“I’ve been able to cut my prices in half because my overhead will be so much less,” he said […]
Before, Ciampi charged $160 for an office visit with an existing patient facing one or more complicated health problems. Now, he charges $75.
Patients with an earache or strep throat can spend $300 at their local hospital emergency room, or promptly get an appointment at his office and pay $50, he said.[…]
“If more doctors were able to do this, that would be real health care reform,” he said. “That’s when we’d see the cost of medicine truly go down.”
Insurance is a racket, just a crony, white collar wealth redistribution scheme. Anyone who thinks that premiums and costs will come down as Obamacare kicks in obviously doesn’t realise that the insurance industry drafted drafted it. We know how to cut costs radically: bust open the closed shops and cartels, open all of healthcare to a hurricane of free market forces, costs will tumble immediately.