Health insurance In The United States - Wikipedia, The Free ...
Early hospital and medical plans offered by insurance companies paid either a fixed amount for specific diseases or medical procedures offering insurance plans within defined regions under one or both of the association's brands. ... Read Article
Benefit amount in addition to other medical insurance plans, irrespective of actual billing Tax benefits under section 80D on premiums paid under the Tax benefits under the policy are subject to conditions under section 80D of the Income Tax Act, 1961.Oklahoma Doctors vs. Obamacare
Three years ago, Dr. Keith Smith, co-founder and managing partner of the Surgery Center of Oklahoma, took an initiative that would only be considered radical in the health care industry: He posted online a list of prices for 112 common surgical procedures. The 51-year-old Smith, a self-described libertarian, and his business partner, Dr. Steve Lantier, founded the Surgery Center 15 years ago, after they became disillusioned with the way patients were treated at St. Anthony Hospital in Oklahoma City, where the two men worked as anesthesiologists. In 1997, Smith and Lantier bought the shell of a former surgical center with the aim of creating a for-profit facility that could deliver first-rate care at a fraction of what traditional hospitals charge.
The major cause of exploding U.S. heath care costs is the third-party payer system, a text-book concept in which A buys goods or services from B that are paid for by C. Because private insurance companies or the government generally pick up most of the tab for medical services, patients don't have the normal incentive to seek out value.
The Surgery Center's consumer-driven model could become increasingly common as Americans look for alternatives to the traditional health care market—an unintended consequence of Obamacare. Patients may have no choice but to look outside the traditional health care industry in the face of higher costs and reduced access to doctors and hospitals.
For complete text and links, go to http://reason.com/reasontv/2012/11/15/the-obamacare-revolt-oklahoma-doctors-fi
Shot, edited, produced and narrated by Jim Epstein.
Approximately 6:45.
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