Matthew Gallogly argues that health insurance now covers only catastrophic events while denying routine procedures like MRIs and surgeries, leaving patients with unexpected bills. He urges doctors to launch cash-based clinics where patients pay directly for faster, simpler care without insurance hassles.
In our day and age today, the insurance companies, all they are is they are— they don't cover anything anymore. And it's really just catastrophic care. And even in that place, they're not covering any of that stuff. Why does this matter to you as a doctor and specifically one that is looking to open or start or launch or grow their cash-based service? I have said for years, That the doctors— yeah, we understand that you're incredibly pissed off about what you have to deal with with insurance, but the patients are 10 times as pissed off. And I know this because I'm a patient. Because when I have to go get things done like an MRI and I think the whole thing is going to be covered, I wind up with a bill for $1,100 because my insurance provider doesn't want to cover it. Or people that go in for surgery and they're trying to— with 12 hours to go, they find out that things are being denied. Hey, I'm Matthew Gallogly, and I'm a Maverick. Well, what is a Maverick? A Maverick goes against the grain. We find our own way. And if you're sick and tired of being pushed around by the insurance companies, come join us. We'll show you the way out, and you'll love medicine again. And what this is doing in our country is this is creating an environment where the patients are having Enough of it. And they're looking for other options and they're willing to pay out of pocket because quite frankly, they're paying out of pocket for this stuff that the insurance companies are supposed to be providing. In our day and age today, the insurance companies, all they are is they are, they don't cover anything anymore. And it's really just catastrophic care. And even in that place, they're not covering any of that stuff. I'll leave you with this. Your patients are fed up, they're pissed off, and they want better care, you can be the one that provides it to them. And they'll be more than happy to pay cash out of pocket. So those are my thoughts. Look, you have a great day. I'm Matt Gologli. Welcome to the Practice Profit System. Check us out online, look at our YouTube videos, listen more to the podcast, share this with friends, and check us out at mavericksprofitsystem.com. You'll see the link below. Take care, everybody.
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