CarePoint Executive Peter Kelly, the former CEO of Christ Hospital, discussed the brief history of the growing health care system, their out-of-network business model, the Affordable Care Act (commonly known as “Obamacare”), and the future of CarePoint in Hudson County.
PART 1: Kelly explains the brief history of the growing health care system, CarePoint’s out-of-network model, and what being out-of-network means to patients.
PART 2: Kelly discusses the relationship between the Affordable Care Act, commonly known as Obamacare, and CarePoint, as well as CarePoint’s interest in charity care patients as a for-profit hospital.
State was providing stabilization $$ because of his mismanagement before.
The notion that patient doesnt have to pay, is just theory. End of the day when they send a high bill like $8000 for putting band aid, the patient has the responsibility to pay 20% still. If care point doesnt want to collect the money, why do they send bills every month?
Why can't they agree on a fair amount with the out of network insurance companies so that our insurance costs dont go high every year.
End of the day, it is not the insurance companies that they pay, we the subscribers pay the hospitals after insurance firms profits. We pay the insurance companies, even when we are healthy so that unhealthy can get service. Aetna has 17000 subscribers in Hudson and they are not accepted by care point, because they want them to pay whatever care point asks post service. At the end of the year, the insurance company underwriters look at our utilization and increase the premiums.
Solve it, how? The One Payor System, as in every other civilized country! Aka, socialized medicine….