Direct Primary Care – By the Numbers
So you’re probably thinking, how does DPC help people save money?
To refresh your memory, the way that this service works is that those participating pay a “retainer” for their doctor, rather than paying on a visit-by-visit basis.
And while there is not an overflow of data surrounding this benefit as it is a relatively new phenomenon, the Wall Street Journal did shed some light onto the savings those enrolled in the service received.
First, according to Qliance, patients who use DPC had 27% fewer ER visits along with 60% fewer hospital days. With that said, these employees cost their employers 20% (on average) than similar patients within the area.
That’s quite a savings, and that stat surely gives employers something to think about.
Direct Primary Care – Why it’s Relevant in Today’s World
Direct Primary care is extremely relevant in today’s world. This is for a few reasons:
Physicians are overburdened
As we mentioned in our last article, we’ve all been in the situation where we’ve been in a doctor’s waiting room for an extended amount of time, being exposed to countless germs and illnesses of those around us and wanting nothing more but to get our appointment over with.
Many times, the reason for such a hefty wait is because physicians are overburdened, having so many patients and limited time. This results in long wait times, trouble getting an appointment when you’re in need, and extremely limited face-to-face time with your doctor.
In the DPC model, this is not an issue, as physicians take on less patients and can spend more time with each of them, also eliminating the risk of a long wait time or difficulty scoring an appointment, even on short notice.
Insurance company regulations
Insurance companies have made a huge effort, especially in the past few years, to regulate the care that doctors give their patients.
From dictating how long physicians should spend on each patient to frequently declining coverage for those in need depending on their medical situation, it’s become increasingly difficult to receive the care that individuals and families need.
With a DPC, the insurance company is taken out of the equation, meaning that these regulations will not be imposed on the patient or physician. Additionally, the retainer paid will cover most medical services and needs, meaning that patients won’t need to worry about declined coverage in the event of an injury or illness.
It’s easy to see why there is a movement towards changing the way healthcare is insured and offered in our country. We hope that this has shed some light onto what DPC is and why it could be a great choice to offer to your employees.
Look out for future articles that will serve to teach you more about this benefit, and call us today to learn more about it and whether it’s the right fit for your organization!