Controlling Health Care Costs—Continued
First, Retain all Employer Coverage. Second, use tax credits to purchase
from a variety of state sponsored plans that meets your needs and your
wallet. Third, maintain whatever
coverage you have, no matter the amount, because you can then avoid any penalty
by the Government for lack of insurance.
Fourth, combine Medicaid (able bodied peersons) with the
refundable federal tax credit to enroll in a private insurance plan. Fifth, support medicare reform that
offers that offers a variety of plans and costs from competing insurance
companies. Sixth, Use Health
Savings Accounts. These are high
deductible plans in which the patient pays for all routine medical care out of
pocket but has coverage for major illnesses and operations.
All of these options offer an
opportunity to individualize your health care costs and needs. Patients are becoming more and more
sophisticated about medical matters. I
have been lecturing to Lay groups for over 30 years about heart disease and I
am amazing at the interest and the never ending questions. People are very eager for health knowledge
and search for physicians with whom they can discuss medical issues. The Internet is awash in medical information
of all kinds from very reliable institutions like the Mayo Clinic. Physicians need to be prepared for patients
who will be asking tough questions about their care.