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03/17/2021 Peter J. Bregman, DPM
There Needs to be a Health Insurance Revolution
I have been telling all of my patients for the last few years that unless there is some sort of revolution or revolt against the so-called health insurance companies both doctors and patients will continue to get abused financially. Every year, premiums go up, co-pays go up and doctors often get paid less for doing more. The insurance companies keep increasing their revenues. UnitedHealthcare made about $15 billion in revenue. I now refer to insurance companies as money transferring entities. They take money from people and then keep most of it, and then give a little bit to the healthcare providers who actually help people.
The reason they get away with it is because no one is making it a big enough public issue. This is likely because of lobbyists. If we were to have a revolution similar to what just happened in our country regarding healthcare, I think things would change. People need to know how much money these companies are generating for doing next to nothing other than shifting around money and adding bureaucracy to the system. Commercials with pictures of the board of directors of these insurance companies showing how many millions of dollars they make per year next to pictures of people who can’t afford their $80 co-pay for prescriptions or being told we can’t do your surgery because the hospital refuses to except the $800 for the surgery when the implants cost $2,000.
The most glaring of all of these examples is getting paid 50% to do the same procedure on the opposite foot during a surgery. Ultimately, this saves the insurance company a lot of money by not having to do it a second time for a separate surgery. We should be paid double for doing the harder work and spending more time. There needs to be a revolution.
Peter J. Bregman, DPM, Las Vegas, NV
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