Hello Partners,
All families and people across our nation should have access to the health care they need at a price they can afford. But our health care system is currently designed to rake in the highest possible profits for big health care corporations rather than deliver the highest-quality care for the lowest possible cost.
The way the U.S. pays for health care drives large health care corporations to buy up community doctors’ offices to form medical monopolies, set inflated prices, and generate high volumes of the highest-priced services with no accountability for health care affordability or health outcomes. The business model of these large health care corporations fundamentally relies on and takes advantage of fee-for-service payments, which serve as the predominant reimbursement model for health care services delivered by our country’s physicians and other health care professionals.
Fee-for-service (FFS) payments incentivize health care providers to make money by performing more high-profit or high-margin procedures rather than by allowing providers to generate revenue based on keeping people healthy and reducing disparities.
Families USA’s newest factsheet, The Nuts and Bolts of Medicare Physician Payment—And Why it Needs Reform, highlights the issues with the dominant fee-for-service payment model and the pathway for healthcare payment and delivery reforms that can ensure our health care system provides true person-centered health.
You can read the factsheet here.
Thank you, and please let me know if you have any questions.
Mike Persley
Strategic Partnerships Campaign Manager
Families USA
