|
The true cost of being a member
of Concierge Medicine/LA is much less than the annual fee as you
can see below.
| Relative Annual Cost Breakdown
if Patient Maintains Same Insurance Plan |
| |
Standard
Physician Practice |
Concierge
Medicine/LA |
| Annual Insurance Premium* |
$ 5,736.00 |
$ 5,736.00 |
| Annual Fee |
$ - |
$ 2,900.00 |
| Annual
Fee Tax Deduction † |
$ - |
$ -1,015.00 |
| Average Annual Deductible Payments |
$ 1,500.00 |
$ 750.00 |
| Average Insurance Co-payments |
$ 300.00
|
$ -
|
| Deductible/Co-pay Tax Deduction † |
$ -630.00 |
$ -262.50 |
| Valet Parking |
$ 50.00
|
$ -
|
| Total Healthcare Cost to Primary M.D. |
$ 6,956.00 |
$ 8,108.50 |
Difference in Price
(Actual Cost of Concierge Medicine/LA Membership) |
$ 1,152.50 |
|
Relative Annual Cost Breakdown if Patient Changes Existing Plan to One with a Higher Deductible
‡ |
| |
Standard
Physician Practice |
Concierge
Medicine/LA |
| Annual Insurance Premium* |
$ 5,736.00* |
$ 3,384.00** |
| Annual Fee |
$ -
|
$ 2,900.00 |
| Annual Fee Tax Deduction † |
$ -
|
$ -1,015.00 |
| Average Annual Deductible Payments |
$ 1,500.00 |
$ 750.00 |
| Average Insurance Co-payments |
$ 300.00 |
$ -
|
| Deductible/Co-pay Tax Deduction † |
$ -630.00 |
$ -262.50 |
| Valet Parking |
$ 50.00 |
$ -
|
| Total Healthcare Cost to Primary M.D. |
$ 6,956.00 |
$ 5,756.50 |
Difference in Price
(Money Saved by Joining Concierge Medicine/LA)
|
$ -1,199.50 |
|
| * Based on Blue Cross PPO Share 1000
Plan for a 50 year old nonsmoker |
| ** Based on Blue Cross PPO Share 5000 Plan for a 50 year old nonsmoker |
| † |
Considering
a tax rate of 35%. Consult your tax advisor for limitations and deductibility. |
|
|
|
|
|
|
