Mon. Sep 27th, 2021

Here is an article we found from The Gainesville Sun. They have a “help” column where an HR consultant responds.

Here was the question:

I’ve read your last few columns about readers who want to retire much sooner than planned. Well, count me in. I’m fairly sure I have enough savings to pay for all my expenses, with one notable exception: Healthcare. I’m 58 and I plan to work until I’m 65, not because I need the money, but because I need the health insurance. What do people who retire early do about health insurance? What options are there?

The columnist, Eva Del Rio, goes on to say:

So, the Financial Independence (FI) community has given this a lot of thought and here are some of the ideas they offer:

Direct Primary Care – This was new to me, but it seems popular with the FI crowd, especially the younger ones. It’s a subscription model like Netflix, you pay a monthly amount “about the amount of your cell phone bill,” according to the website, and you have unlimited access to a primary care physician.

At least DPC got a shout out but how is this new to her? Maybe because she does HR? Not long ago I tried to work with a company to get them to use our DPC office with their higher deductible self-funded plan. This would have saved them tons of money and got them better care. The CEO was a patient of mine and loved us. His HR person, however, could not comprehend what we did no matter how much we educated her. She thought it was too good to be true. Long story short, we never get the company to sign on.

We need to get our information out there! DPC is not the solution to our broken healthcare system but it is a major part of it. Maybe we need to present at the next large Human Resources conference?

9190cookie-checkHR Consultant Likes DPC?

By Doug Farrago

Douglas Farrago MD is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Douglas Farrago, MD received his Bachelor of Science from the University of Virginia in 1987, his Masters of Education degree in the area of Exercise Science from the University of Houston in 1990, and his Medical Degree from the University of Texas at Houston in 1994. His residency training occurred way up north at the Eastern Maine Medical Center in Bangor, Maine. In his final year, he was elected Chief Resident by his peers. Dr. Farrago has practiced family medicine for twenty-three years, first in Auburn, Maine and now in Forest, Virginia. He founded Forest Direct Primary Care in 2014, which quickly filled in 18 months. Dr. Farrago still blogs every day on his website and lectures worldwide about the present crisis in our healthcare system and the effect it has on the doctor-patient relationship. Dr. Farrago’s has written three books on direct primary care: The Official Guide to Starting Your Own Direct Primary Care Practice, The Direct Primary Care Doctor’s Daily Motivational Journal and Slowing the Churn in Direct Primary Care (While Also Keeping Your Sanity) are all best sellers in this genre. He is a leading expert in direct primary care model and lectures medical students, residents, and doctors on how to start their own DPC practice. He retired from clinical medicine in October, 2020.

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