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Is concierge medicine Expensive?

Posted on August 12, 2022 by Author

Is concierge medicine Expensive?

Costs for concierge medical service range widely, and services vary according to cost. Patients often pay a monthly retainer fee, and the annual costs can range from $1,500 for more basic care to $20,000 a year for more specialized services.

What value or cost is concierge medicine to the US healthcare system?

The average cost of concierge medicine is usually somewhere between $1,500-$2,500 per year. Some practices allow you to pay monthly or quarterly instead of just one big annual lump sum. So you may have a monthly or quarterly automatic credit card payment or automatic withdrawal ranging from $100 to $250 per month.

How is concierge medicine different?

Concierge doctors guarantee 24/7/365 access to care. In addition to longer appointments that are easier to secure, concierge doctors are more accessible than traditional primary care physicians. Most concierge practices guarantee some form of 24/7/365 access to care. It might be access to a direct cell phone.

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How do you market a concierge medical practice?

10 Ways to Market your Concierge Medical Practice:

  1. Host an open house.
  2. Get active on social media.
  3. Encourage patient reviews.
  4. Create a video clip.
  5. Start a book of the month club.
  6. Provide an evening lecture series.
  7. Become an expert for the media.
  8. Sponsor a community event.

What is included in concierge medicine?

Guaranteed access to care 24 hours a day, seven days a week. Same-day or next-day appointments. Standard care, including wound treatment, blood work, physicals and preventative screening, in office. No copays or deductibles for office visits.

What is concierge medical groups?

Concierge medicine—also known as concierge care, boutique medicine, retainer-based medicine, platinum practice and direct primary care—is membership-based healthcare that pairs exclusive, personalized care with accessibility and convenience.

How much do you pay a concierge?

A concierge typically receives between $5 and $10 depending on the service provided, including making a dinner reservation or obtaining tickets to a theater.

Are concierge doctor fees tax deductible?

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Are the fees paid to a concierge medical practice deductible as a medical expense? Yes – it is considered a medical expense as long as you get some medical services for the fee. The IRS says retainers may be deductible — or a legitimate expense for a health savings account — depending on what you get for your money.

Why do doctors charge concierge fees?

They charge this fee before they’ll see you or accept you into their practice. Concierge care may also be called concierge medicine, retainer‐based medicine, boutique medicine, platinum practice, or direct care. When you pay this fee, you may get some services or amenities that Medicare doesn’t cover.

What does concierge mean in medical terms?

Concierge care is when: 1 A doctor or group of doctors charges you a membership fee. 2 They charge this fee before they’ll see you or accept you into their practice. 3 Concierge care may also be called concierge medicine, retainer‐based medicine, boutique medicine, platinum practice, or direct care.

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How do I get more information about concierge care?

For more information, contact your state’s insurance department or consumer protection bureau. Concierge care is when: A doctor or group of doctors charges you a membership fee. They charge this fee before they’ll see you or accept you into their practice.

How much does concierge medicine cost in Cobb County?

Annual fees can also vary wildly from one concierge practice to another. It can go from around a few hundred dollars all the way to $15,000. A quick look at some of the local Cobb County doctors that offer concierge service in our area shows that you can expect to pay somewhere around $137.50…

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