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CNBC, Policy, News: The Trump administration could make fee-based doctors more affordable for seniors

The Trump administration could make fee-based doctors more affordable for seniors

  • Concierge medicine and other fee-based primary care practices make up less than 10 percent of physician practices.
  • The Centers for Medicare and Medicaid Services put out a request for information to health-care providers to see how the Trump administration could help fund access to some fee-based practices for Medicare patients.
  • Medicare has been trying to move toward paying doctors for better health outcomes, rather than for the number of procedures they perform.

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Tim O’Connor tries to keep himself active in retirement, teaching English as a second language to adults in New York City, and staying fit to ward off health problems. “I don’t have a great cardiac family history in my family,” the retired attorney explained. When his longtime doctor converted to a concierge medicine practice with a $2,100 annual fee per person, Tim and his wife decided they’d pay to keep their doctor. It was a decision they weighed carefully, now that they’re on a fixed income.

READ FULL STORY … | WATCH …

SOURCE: https://www.cnbc.com/2018/07/03/how-the-trump-administration-fee-based-doctors-practices-affordable-m.html

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