How now When We Are Not Buying Health Insurance?

Among the many personal health coverage categories sold today, you can find products that look and sound like health insurance, but actually don’t, in fact they don’t provide health insurance coverage at all. Be careful this product is not a substitute for medical coverage.

How now When We Are Not Buying Health Insurance?

Let’s look at some other products that do not provide substitutes for health insurance coverage

Dread Disease Policy.

The dreaded disease policy has a tendency to have poor grades and only covers treatment for certain diseases such as diabetes. They are so poor in value that some countries have banned them together and they have warned consumers about this policy.

Special accident policy.

Accident coverage only pays for the care you want because of an accident that is not due to an illness. Because a good overall policy will cover costs related to accidents and illness, accident policies alone are often not of good value. Additional policies Additional policies (rarely called hospital compensation policies) pay cash for each day you are in surgery. However, often the benefits of money will be far from the price of hospital care. However, this policy can be liked because it is very cheap and easy to buy.

Additional Policies.

Additional policies can be an option if you want to cover up extras that might appear when you are sick. But they are sometimes not a good purchase and they should not be confused with full coverage health insurance. The reason why people buy coverage like this is because it is very cheap

Discount package.

Discount packages are not medical care insurance, and they cannot protect you from high doctor bills. Some people might mistakenly consider discounted health packages for health insurance because of features such as insurance from this product. For example, discount packages charge a premium once a month, … Read more

How are medical practices for sale?

How are medical practices for sale?

As medical practice brokers, we are often asked how the practice of transition works. Through our years of experience, we have found that sales practices run smoothly if someone follows a logical process and doesn’t try to “speed up” events by skipping steps. Successful sales continue through each of the following phases.

1. Assessment Practices

we provide comprehensive assessments that establish fair market values. The main information we see includes: call coverage, hours of work, overhead, years of service, gross income, competition, hospital admissions, desired percentage of Medicare patients, and established referral pathways.

2. Identifying needs

an analysis of the needs in the community and the patient base may identify a sub-specialty which would enhance the practice. This increases the marketability of the practice and helps target the pool of physicians which should be contacted.

3. Marketing the practice

we use a search of our physician files, direct mail, advertisements in specialty journals, contacts with residency programs, cold calls to new leads and other methods to locate the right physician to take over the practice.

4. Schedule an interview

we arrange for interested doctors to visit the practice site. We suggest both parties the main questions they should ask, the items to be reviewed, and what to expect.

5. Write a Real Money Contract

we work with prospective buyers to develop an initial proposal to buy the practice. All proposals are presented in writing in an earnest money contract. This contract outlines all aspects of the transaction from the tax allocation to the introduction period.

6. Negotiating details

negotiating prices and terms of the transaction into a win-win situation for both parties is the key to successful sales. We use our expertise for years to develop scenarios that benefit both sellers and buyers.

7. Removing contingencies

offers often are made … Read more