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A Bold Approach to Healthcare Reform: Eliminate Insurance Companies
Date:11/13/2008

A Bold Approach to Healthcare Reform: Eliminate Insurance Companies, Use Patient Smart Cards - CEO of Jackson Healthcare Proposes Plan to Make Health Services More Accessible, Cost Efficient

Alpharetta, GA (PRWEB) November 13, 2008 -- Frequent headlines in the commercial press and medical publications point out the need for major overhaul of healthcare delivery in the United States. What's missing from most healthcare reform proposals, according to Richard Jackson, CEO of Jackson Healthcare, is a critical look at the insurance industry. In his view, too often insurance companies are the problem--not the solution needed to make quality medical care more accessible to consumers and financially beneficial to doctors who provide it

The prevalence and indispensable nature of insurance companies made sense prior to the technology era, says Mr. Jackson. 'But with advances in computerized transactions and innovative smart card technology, insurance companies have become unnecessary middlemen that merely complicate and increase the cost of healthcare," he explains.

The latest edition of the Jackson & Coker Industry Report, a monthly online publication, spotlights Mr. Jackson's analysis, entitled "CEO Proposes A Radical Plan to Revamp the Healthcare System." The proposal is intended to foster dialogue among all sectors of the healthcare community and consists of eight major components:

  • Eliminate insurance companies: At least 24% of every healthcare dollar goes toward insurance firms' administrative expenses and payment processes. The use of computerized technology--includ
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