What happens when you shove insurance aside and the distortion that they introduce in prices is eliminated? About two years ago I had to buy a roof for my home. Long story short, the insurance company I was dealing with would not replace the hail-damaged roof on my...
Hello, Dr. Keith Smith with you on behalf of the Free Market Medical Association (FMMA). Prior to the conference, I’d like to go over some terms and phrases like transparent pricing and free market pricing. We’ll discuss what they mean and what they don’t mean. The...
Hello. Dr. Keith Smith with you on behalf of the Free Market Medical Association. This video is really intended for physicians out there who may need a little refresher on what we’re talking about when we say ‘self-funding’ or the ‘self-insured.’ There are companies –...
Dr. Keith Smith with you on behalf of the Free Market Medical Association. I’d like to take this opportunity to encourage any and all of you watching this to attend the conference next month here in Oklahoma City, August 18-20. The attendance and registration details...
What if I were to tell you that the Surgery Center of Oklahoma has decided to buy 10 physician practices? You would rightly say, “if you have the money to buy 10 physician’s practices you are charging too much,” and you would be right. What if I were to tell you the...
The Free Market Medical Association Annual Conference is approaching. Imagine you could be in a room - at one time, in one place – with all of those who want to buy free market healthcare, all of those who are actually selling healthcare at free market pricing and all...
Let’s talk a little bit more about price bundling, I mentioned in a previous blog how we actually came up with our bundled pricing. We asked the surgeons what they thought was fair. Anesthesia basically is based on the amount of time the case is going to take. The...
At the bottom of the written version of this blog, there will be a link provided to a very important graph, one which shows the rate of rise of healthcare spending in the United States over time, the rate of rise of the number of administrators in healthcare over time...
Every day I see reports about insurance companies that are radically increasing the amounts they charge for health insurance premiums. That doesn’t seem very affordable. Every day, there are patients that come to the Surgery Center of Oklahoma that have these...
Hello, Dr. Keith Smith with you on behalf of the Free Market Medical Association. I know that I speak for Jay Kempton and the rest of the staff at the Free Market Medical Association when I say that one of the most exciting things about our conference is the look in...
Specialists and surgeons from all of Oklahoma’s top healthcare systems choose to operate here.