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08/05/2016 Robert Kornfeld, DPM
Time to Change Professions?
I was in a men's clothing store this past weekend. When I went up to the register to pay for my items, there was a man at the register checking me out. I noticed he was wearing a caduceus around his neck so I asked him about it. He told me he was an internist who could not bear to get up and go to work anymore. Battles with insurance companies and Medicare had worn him down. He now owns two shops selling men's clothing. He said he has never been happier. When someone wants something that he sells, they MUST PAY for it BEFORE they leave the store.
In essence, doctors who accept insurance are selling their wares and then letting the buyer walk out the door without paying. What's worse is that the buyers feel entitled to walk out the door (with armfuls of care) and not pay.
Perhaps it's time to think about the practice of medicine as a retail business. You wouldn't tolerate shoplifters in your store, would you?
I'm always taken aback when I speak to doctors about running a cash practice and they say to me, "My patients could never afford to pay me". The ironic thing is that everywhere else your patients go, they have to pay. Why is paying doctors so taboo? It's only since the 1960s that health insurance came on the scene. Before that, believe it or not, patients paid for services provided by doctors at the time of the visit.
My advice is if you accept insurance and you are struggling to pay your bills, either consider the alternative of a cash practice or else get into another line of business altogether. Medicine is going to get much worse, not better, for those who participate with insurance and Medicare. Sorry, but that's just the way it is.
Robert Kornfeld, DPM, Port Washington, NY
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