Is this going to be the next thing in health care:

[Jack F]

My sister in-laws primary care physician has 1200 patients now and is going to cut back to 600, the catch is those 600 will have to pay $1200 a year to be one of her patients. The 600 will get 24/7 access??? what ever that means, but of course you will still need to have insurance.

Does this make her an insurance provider???

 

[Jack F]

Has anyone come across this yet ? concierge care

 

[JV II]

Has anyone come across this yet ? concierge care

Yes Jack. This is not new. It has already happened in Boston, but buyer beware. Here is the catch.

You pay the $1,200/year to make sure you keep your PCP and "have greater access." Meanwhile guess what happens to the value of your PCP's practice. It goes from crap to gold. The next thing that happens is the practice is sold and the PCP retires in 3 years, having boosted their retirement by $2,160,000 plus their insurance reimbursements over 3 years plus the buyout.

The people who sign up have no protection from this scenario. I've seen it happen. It is a brilliant retirement plan. Think about it. If you are a physician and 3 years from retirement, you lost your shirt in your investments in the last 2 years. How are you going to retire? Work another 10 years? NOOOOO! Do this :grin::grin::grin::grin::grin:!!!