Jay Kempton was invited to the free market talk show The MiddleGround to discuss the Free Market Medical Association (FMMA), self-funding, as well as how combining transparency, price, and quality leads to valuable healthcare purchasing decisions.
Self-insured Employers Creating Opportunities For Independent Physicians
At the January 2015 American Association of Physicians and Surgeons (AAPS) conference in New Orleans, Jay Kempton explained self-funding and the benefits of independent physicians and facilities working directly with self-funded employers. It is a win-win-win for physicians, patients, and employers.
Oklahoma City hospital posts surgery prices online; creates bidding war
An Oklahoma City surgery center is offering a new kind of price transparency, posting guaranteed all-inclusive surgery prices online. The move is revolutionizing medical billing in Oklahoma and around the world.
Participant Lisa Gilmartin of Exchange Bank in Skiatook, OK shares how she works with AHP and her doctor to make the best healthcare purchasing decisions for herself and the Plan. By saving money for her Plan, she saves herself money too, in the form of contributions in the future. (April 23, 2013)
Keith Smith, MD of Surgery Center of Oklahoma presents at the February 2013 Association of American Physicians and Surgeons (AAPS) meeting. Dr. Smith exposed the cartelization of healthcare enabling the "Giant Hospital Bill."
Oklahoma Doctors vs. Obamacare - Surgery center provides free-market medicine
The video below talks about how The Kempton Company (Administrator of Advantage Health Plans) and The Surgery Center of Oklahoma have partnered to promote free market transparency in healthcare pricing. Administrator Jay Kempton and Dr. Smith, along with other physicians and third party administrators, firmly believe that consumer and marketplace driven healthcare, or "price honesty" as Dr. Smith so aptly describes it, will change the way we access and utilize healthcare in America. Their goal is to promote this concept to other self-insured employers and like-minded medical practitioners and facilities accross the U.S.
The Surgery Center demonstrates that it’s possible to offer high quality care at low prices. "It's always been interesting to me,” says Dr. Jason Sigmon, “that in any other industry, tons of attention is devoted to making systems more efficient, but in health care that's just completely lost."
When Mr. Kempton met Dr. Keith Smith, he had been looking for a way to help his clients deal with their exploding health care costs. "Cutting edge procedures are justifiably expensive," Kempton concedes. "But what we also see are soaring increases in relatively garden-variety procedures, like a knee resurfacing or a carpal tunnel release. Those things should not be experiencing 10 or 15 percent inflation every year. So Mr. Kempton and Dr. Smith came up with a cost-saving arrangement: If their employees agreed to be treated at the Surgery Center instead of a traditional hospital, they would be spared the cost of all co-pays and deductibles.
Almost immediately, Mr. Kempton was approached by other surgical centers and hospitals. There are now four health care facilities participating in his flat-fee consortium (Advantage Premier Providers™), and more are on the verge of coming onboard.
ObamaCare is the Wrong Answer. Doctors explain the real solutions for putting patients first.
Patients must come first, period! ObamaCare fails to do this. Real solutions like, H.R. 4224, The OPTION Act, empower patients, not bureaucrats.
Video of AAPS Capitol Hill Briefing on July 18, 2012: "The OPTION Act. A Healthy Patient-Physician Relationship Requires Options, Not Mandates."
Dr. Smith begins speaking at 23:20
How To Save Thousands Of Dollars On Common Surgeries
One of our Premier Providers™, The Surgery Center of Oklahoma, has been making big waves with their transparent cost structure and bundled pricing. So much so, that Anchor D Bank President Paul Freeman, Surgery Center Director Dr. Keith Smith, and Jay Kempton were asked to sit down with local KOCO Channel 5 news to discuss the impact on self-funded health plans!