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Re: physician owned medical insurance companies From: Douglas Krell (sfth@roadrunner.com) Sun Jun 30 20:58:49 1996 Messages sorted by: [ date ][ thread ][ subject ][ author ] Previous message: Rjshar@aol.com: "Re: physician owned medical insurance companies" Maybe in reply to: JIMRASP@aol.com: "physician owned medical insurance companies" Rosebudz@aol.com wrote: > If all the money currently ending up in the pockets of the insurance company > administrators went back into the federal budget, it would benefit everybody. > > FWilson, CNM In New Mexico we have a physician owned and run company that in the past has done quite well in keeping costs down. They do not operate for profit however. This year they announced an 11% increase in premium for next year; the same time that we've noted 20%-30% drop in physician salary. I don't believe that physician ownership even in a non-profit endeavor creates any great advantage for the company or for the investor. I don't believe that many liability carriers are making the buckets of money that HMO's are making. And I'm not certain that further contributions to the federal government are the answer. I think we need accountability and INCENTIVE at every level. That means the government gets some, but the people KEEP more if they stay healthy. The providers KEEP more if they do a good job. And insurance companies get some too if THEY do a good job. This idea of giving up profit to the government is already proven to be a plan that will fail. People, corporations, AND governments should get money only when they deserve it by being efficient and doing what people want. I just want to be able to stay in business... ----- -- Douglas Krell MD sfth@roadrunner.com Previous message: Rjshar@aol.com: "Re: physician owned medical insurance companies" Maybe in reply to: JIMRASP@aol.com: "physician owned medical insurance companies"

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