17% of gross domestic product (GDP or economy) comes from health. This is 8% more than in other developed countries. However, no population is healthier than in other countries. The United States has a life expectancy of 26th. (This is information provided by the Peterson Center on Healthcare. We’ll talk more about them later. )
One of the reasons we spend so much on health care is that we weren’t the best consumers of health care. Insurance coverage makes it too easy not to take responsibility for our health. We are a “fast food” society.
There are consumer advocacy groups that try to help people become better health care consumers. These groups have introduced websites and applications that increase the cost of medical services in your area. The Healthcare Blue Book includes “reasonable” prices for out-of-pocket patients. New Choice Health helps you compare the price of your Healthcare BlueBook to the list price of your local medical center. VIMO offers discounted prices and average retail prices for hospital procedures. Shows the average total list price or specified price that the out-of-pocket patient may pay. And you see the “national average bargaining price” or what the insurance company pays. This amount can be up to 70% lower than the selling price. Visit:- https://healthcareaide.net/
Knowledge of pricing allows us to better negotiate costs and where services are offered.
Another reason our country has more medical costs is that the industry does not support low costs. Again, another reason why consumer advocacy groups are emerging. They are trying to make the medical field transparent in terms of cost and access to their medical information. However, it was Dow Jones, the parent company of The Wall Street Journal, who challenged the 1979 court order prohibiting disclosure of payments to doctors under the Medicare system. Dow Jones wanted to see transparency about where taxpayer money was heading. 2012 was the first publication of such information.
There was a certain “sense” that doctors were experiencing, but there was also the exposure of some doctors who were “outstanding” in their bill. Appropriate medical councils have reviewed the costs and procedures for specific patient cases. This “transparency” has enabled better self-monitoring of medical practice.
Perhaps the biggest advance in medical costs is due to technology. Not only technology, but technology in the hands of consumers, that is, smartphones.
Your smartphone can already measure your blood pressure and set up an electrocardiogram. Smartphones acquire and interpret data. The patient can send the information to the doctor for instructions or simply add it to the record. It has already been approved by the Food and Drug Administration.
Using a smartphone, you can take a picture of the rash and the app will process the rash through a database and provide diagnostic and treatment recommendations. Recommendations may include visiting a dermatologist.
Accessories are developed to diagnose and monitor the patient’s condition. For example, evaluate your child’s eardrum and make recommendations to avoid seeing a pediatrician. The application is designed to perform many experimental procedures.
You can have a secure video consultation with your doctor on your smartphone for the same cost as your insurance. Deloitte & Teusche predicts that virtual doctor consultation will soon become the norm.
Further progress is expected as medical data is stored in the cloud. It provides data integration and analysis that can lead to disease prevention and treatment. Computers can process information more efficiently than humans.
However, technology cannot completely replace the human element. This reduces costs and makes it easier for patients to access their medical information. How do you improve the quality of care and reduce costs? Various foundations and organizations are studying it.
The Peterson Center on Healthcare is an organization looking for ways to improve healthcare. The Peterson Center seeks medical institutions nationwide to promote themselves as quality, low-cost medical care. In other words, the Peterson Center does what Ray Kroc did when it acquired the McDonald’s franchise. How can I get consistent results and deliver the same quality products every time? What the Peterson Center found was that high performance gave better results. Better results for the patient. Ultimately, this leads to cost savings. Peterson found patterns among high-performance healthcare providers in three ways that these providers differed from other providers.
1. The health care provider was more connected with his patient. They were aware of the entire patient. Many of them visited their homes because they revealed information that was not available from the patient’s answer to the question.
2. A sense of doctor’s relationship with other doctors. There was information coordination, knowledge of all the medicines the patient received. 3.3。