Direct Primary Care, also known as concierge healthcare, has introduced a fresh perspective to the way employers are accustomed to providing care. The model works by directly connecting the patient to the healthcare provider. This effectively cuts out the increasing premiums, claims, and overall headaches that come with dealing with insurance companies. Rather, patients are able to coordinate a monthly, quarterly, or annual financial arrangement with their DPC provider directly.
Compared to traditional primary care, direct primary care offers your employees a stronger relationship with their provider, affordable services, and significantly less red tape throughout the process. Check out some of the reasons DPC is becoming a viable solution for your company to begin expanding access to care to your full-time workers.
You Can’t Impact The Past: ↑ Advocacy + ↑ Quality = ↓ Cost
Thursday, May 20, 2021, 2:00 PM ET / 11 AM PT
Unlike most things, healthcare services have an inverse relationship between cost and quality: the better the quality, the lower the cost. Unfortunately, the current health benefits market is completely opaque and lacking any meaningful, realistic transparency. Additionally, we have always been taught that easy = better when designing health benefits programs for employers and their employees. However, the cost and quality of healthcare can vary dramatically within the same city. Utilization Management for example, where your members access healthcare, is one of the single most important additions to your health plan design.
Direct Primary Care removes the mystery of copays and insurance premiums that tend to increase year after year, seemingly without reason. With DPC, employees pay a fixed fee on a predetermined schedule, allowing for incredibly transparent healthcare pricing.
On average, patients spend over two hours seeking care, including round trip travel time, as well as time spent waiting on physician availability. However, only about 10% of that time is spent face-to-face with a primary care physician, according to research published in the American Journal for Managed Care. With a much smaller patient pool, these facilities are often able to accommodate same day appointments and minimal wait time.
DPC generally only has between 600-800 patients, compared to over 2,500 for the traditional primary care physician. This allows for as much personalized time between patient and provider as needed with minimal wait time. Additionally, as opposed to 1 in 3 traditional providers referring their patients to specialists, a whopping 85% of care is delivered at an onsite DPC facility.
Direct primary care is quickly becoming a go-to solution to nurture quality healthcare for employees. The practice benefits both physicians and providers, while remaining cost-effective for employers, allowing you to bypass insurance companies and pay fixed costs for care directly. When looking to introduce efficiency, personalized care, and unmatched convenience to employee health benefits, consider direct primary care as a prime option.