Month: June 2018
One of the odd consequences of the real estate crisis in the USA is how it is pushing the cost of senior housing to continue to rise. This happens because, as real estate prices plummet, investors or entrepreneurs or even existing senior care nursing facilities are scared away from building new facilities or conducting expansions. The result is an ever-growing gap between supply and demandwith less new senior housing to accommodate an aging population, it is becoming more and more prohibitively expensive to have your senior loved one stay in an assisted senior care facility.
Discussions regarding the affordability of a senior medical alert inevitably crops up whenever people speak of the financial facts surrounding the issue of nursing homes. This is so because compared with having to place your senior loved one in an assisted living facility, the price of a regular medical alert system is almost shockingly lowyou can subscribe to even the best brand for less than a dollar a day, and that already includes 24/7 monitoring.
Senior Housing: Just the Facts
Perhaps one can best appreciate the whole issue of senior housing by looking at actual numbers. In 2008, for example, the monthly cost of having your senior loved one stay in an independent living housing was $2,572; a year later, in 2009, that figure was up by about a hundred dollars. Moreover, the cost of placing your aging parent in a nursing care home in 2008 was $7,493 a month; barely a year later, the cost would rise by more than two hundred dollars. Keep in mind that we are discussing average monthly rents all over the countryit may be lower or higher in the state you are in, but these averages give you an idea of how much it costs to take care of your senior loved one. If youre lucky, you can find certain facilities that offer discounts or lower monthly fees, but such discounts can be availed usually by signing up on a medium-term basis, such as by paying on a quarterly basis or a six-month plan.
Medical Alerts: the Affordable Option
As previously mentioned, the case against senior housing becomes more and more compelling as prices continue to rise. On the other hand, the monthly fees charged by even the leading providers of any advanced senior medical alert stays at a stable rate of less than a dollar a daysometimes just half of that.
Add to that is the fact that most seniors are still full of heartthey would not simply accept sitting around the house and would often insist on doing things on their own, as if they were still 40 years old. They may insist on mowing the lawn or cleaning the car, and at times, you may even find them on a ladder trimming a tree or cleaning the houses gutter. This is natural: seniors would love to continue doing household chores in order to feel useful. And by preserving their sense of usefulness, you are actually helping them preserve their youth or keep them happy and self-satisfied. But then again, letting them work around the house comes at a price: there are safety and health issues involved, and you cannot simply attend to their needs and watch over them 24 hours a day, seven days a week. You have a life and a family who also need your attention.
That is why medical alerts are perfect for a wide range of age bracketswhether your parent is still able to move about and engage in physical activities, or they are using support devices such as a cane or a walker. Not that the price is the be-all and end-all of our considerations, such alert systems do indeed not cost thousands of dollars a monththe alert system service from a leading provider such as Rescue Alert of California costs only about 55 cents a day. Of course, such an alert system is by no means a complete replacement to the kind of round-the-clock, properly supervised care your senior loved one can enjoy at a nursing home, but in certain situations (such as the case described above), it can be just the right solutionand an affordable one, too.
In February, Jonathan Reeder had never heard of medical tourism. But today, he sings praises to one such medical tourism company WorldMedAssist.com for finding him an affordable option for the prostate surgery he needed.
Reeder knew when he left his dental practice in Houston to do dental contract work, hed either need to self-insure or find an affordable private pay policy. While researching his options, he got alarming news from his doctor: his PSA test results had soared from an alert-level 5 to alarm-level 8. This put him into the dreaded category of “pre-existing condition,” and therefore uninsurable.
When his biopsy came back positive for prostate cancer in February, he had three alternatives: watch and wait, radiation, or surgery. Wanting to get this behind him as quickly as possible, he chose surgery. Then came more bad news: The surgeons fee alone would cost $36,000. “Who knows what the total would have been by the time you add in hospital fees, anesthesiologist, tests, but probably around $50,000.” Reeder said.
His wife remembered an article theyd both read in AARP Magazine about medical tourism a few years earlier. Searching online under medical tourism, he found several companies offering to coordinate all details of his radical prostatectomy.
“Some websites were clumsy, some people I contacted were too aggressive, some had such broken English I couldnt understand them,” Reeder recalled. “I finally landed on www.WorldMedAssist.com. I got in touch with Wouter Hoeberechts, the CEO, who did a lot of research on my options, hoping we could find a place that would do laparoscopic surgery using a robotic arm. Turns out, this was not an option for me.”
WorldMed Assist hunted for the best doctor and the best hospital for Reeders open surgery. Ultimately, WorldMed Assist was able to offer the best cost with the best doctor at the best hospital in Hyderabad, India. When WorldMed Assist told Reeder his trip to India would cost $7,500, including all his medical expenses, travel and hotel, the deal was sealed in Reeders mind. But Hoeberechts urged him first to have his own physicians weigh in on the choice.
“Both my family physician and urologist checked out WorldMed Assists recommendation, and both agreed this was a good choice,” Reeder said. “The doctor is UK board certified, had a stellar reputation. I have a lot of friends and relatives whose U.S. physicians are from India, so I wasnt at all nervous about my decision I knew India had a reputation for high quality medicine, and I learned that Apollo Hospital was affiliated with Johns Hopkins.”
The surgery was scheduled for May 9. “All I had to do was make the payment, book my travel and get on the plane. WorldMed Assists travel agency partner, Carson Wagonlit, got me a great fare, with good connections,” Reeder said. “WorldMed Assist set up phone consultations with my doctor in India and transferred my medical records. All I had to do was show up.”
When he arrived at Indias Hyderabad airport, he was met by an executive team, who shuttled him directly to Apollo, showed him to his room, and told him to rest up for a two-day battery of pre-op tests that would begin the next morning. “I didnt have any medical procedures that first night, and they didnt even charge me for the room!” he said.
The thoroughness of the pre-op work amazed Reeder. “Besides the typical tests, they did an MRI and a bone scan, plus put me on the treadmill to make sure my heart would take the surgery. This was all included in my $7500 bill. Imagine how many lines of additional charges would have been on my bill if I were doing this in the U.S.”
His surgery lasted two hours and forty minutes, then off to spend the night in the trauma intensive care unit. “Since my wife wasnt able to go to India with me, Wouter called her at least four times during the 24 hours following my surgery,” he said. “He stayed on top of all the details, and relayed progress reports so shed know whether I was coming home or if she could collect on my life insurance,” he said with a grin.
Reeder was discharged after three days. “Looking into the big brown eyes of nurses with such beautiful skin must be why I recovered so fast,” he smirked.
After his discharge, Reeder had a week to tour Hyderabad before returning to Apollo to have his staples removed. The one thing he wanted most to see was a sacred cow. He didnt have to look far. “Cows walked down the middle of the road, creating chaotic traffic. No one wanted to hit a cow, so traffic would come to a complete stop, waiting for the cows to determine their course.”
Reeders experience in India turned him into a devoted fan of medical tourism. “As a dentist, I have more familiarity with the medical system than the average American. Given my situation of no insurance, I made the right choice going to India. WorldMed Assist made it all so easy. Everything was turnkey and flawless, and the medical care was excellent.” he said.
A number of variables determine the the level of medical billing and coding salary such as practical knowledge, demand in a specific geographical place, level of skill, employer category, and prior work references. Even so, specializing in, and progressing to being a specialist in a specific discipline is a sure way to demand the top medical billing and coding salary.
In Napoleon Hill’s Old classic “Think and Grow Rich”, Napoleon devotes a full chapter to the area of specialized knowledge and sums it up by simply expressing:
“Knowledge paves the road to riches – when you know which road to take”
If you’d like to review the publication, and I suggest you do, no cost online reproductions can be obtained everywhere on the internet, and can be found by searching the title.
Obtaining specialized knowledge sets apart medical billers and coders from the pack. Employing knowledge and experience in one or more areas of expertise within the medical billing and coding discipline, lowers the level of competition for opportunities , causes you to be more valuable and indispensable to the employer, and as a consequence enables you to boost medical billing and coding salary.
In other words, you discern yourself by possessing distinctive skills and talents which almost no other individuals possess.
As Soon As I suggest this concept to many in the medical billing and medical coding industry, the common response I receive is that they do not have the hours, and do not plan to shell out the cash to enroll in pricey courses.
First of all, although it is appealing to realize a certification in a particular specialization, you do not have to begin by registering for a formal course. Choose an area of fascination to you, preferably one that is in high demand, and begin doing some research and learning by yourself. Use the web as well as the public library. Have a go at on-line discussion boards and attend seminars when a high profile physician might be presenting on a topic. Ensure you communicate to your employer some of your recent discovered knowledge. It may not have an instantaneous impact on your medical billing and coding salary, nonetheless, your employer will start to see different things in you – initiative!
Secondly, insufficient time is just an excuse, a cop out. Think about this:
“Devoting only one hour each day to anything at all, by either waking up sixty minutes earlier every day, staying up sixty minutes later at night, or finding one hour in the day time, equates to 9 more forty hour work weeks throughout a year”
You should read the previous statement over and over again until it’s firmly planted in your mind.
Finally, buying certification really should be regarded as a smart investment not an expense. Cultivate the perspective that $100 paid today will yield $200 later. Should you be in medical billing and coding for the long haul and want to develop a occupation out of it, money invested in schooling will be recovered many fold.
With regards to specialties, they are endless. For instance, the American Academy of Professional Coders aapc.com presently provide accreditation in 20 distinctive specialties and even accept ideas for new specialties. Several of these include:
Anesthesia and Serious pain Therapy
Cardiology
Chiropractic Care
Assessment and Management
Gastroenterology
Internal Medical Care
Orthopedic Surgical Procedures
Pediatrics
Plastics as well as Rebuilding Surgical Procedure
Rheumatology
This listing is only the tip of the iceberg as it were, even so, I am sure you can see, there are several options available. Of course make sure that you enjoy the way you make your living, but is also essential to maximize the medical billing and coding salary you reach. Pick something you enjoy and have a desire for, make the effort to become an expert in it, and in the long run write you own paycheck.
Doctors know the importance of having round-the-clock medical monitoring, especially for high-risk patients. Any serious medical emergency could occur anytime, and because doctors have no accurate way of predicting when it would happen, the only logical way to manage it is by conducting 24-hour monitoring of the patient. However, such kind of monitoring is not particularly cost-effective, especially for patients or seniors who are still able to get around.
Caregivers, on the other hand, could only do so much. Such as attending to the ache and pains of the senior, helping them with bathing, and assisting them with their daily activities, but their attention is limited. Unless were speaking of multiple caregivers who alternate shifts in 24-hour periods, caregivers would go home at the end of the day, leaving the senior on their own.
Obviously, there is a gap in attention, and unfortunately, it is through those gaps that accidents happen. Caregivers and doctors recommend medical alert systems primarily because the service could accomplish things that they could not. Usually, caregivers have other responsibilities and concernsthey also have a life, a family to attend to, and a job that demands their professional attention. Thats why giving all the obligations on the caregivers shoulders is essentially risking eventual neglect of the senior.
These days, medical alerts are advanced and efficient. Back during their early days in the 1970s, medical alerts were bulky, and it was hard for seniors to wear the devices. Worse, the early medical alerts were not waterproof, so they could not be worn in the bathroom. This was a crucial weakness: most accidents involving seniors occur in the bathrooma slip on the tiled floor or the bath tub can be fatal when not immediately attended to.
Fortunately, like other in-demand and important technologies, medical alerts have evolved in terms of sophistication and efficiency. No longer are such devices bulky and a hassle to use. The medical alerts youll find being offered by different providers these days are built and designed for daily durabilitythey are waterproof and can be worn at all times, even when the wearer is in the bathroom. The medical alerts are also small, lightweight and designed compactly enough that it is easy for the wearer to be no longer self-conscious about it.
Using a medical alert system is so simple that even seniors who find trouble understanding technical instructions will be able to quickly use the system. Basically, there are no technical instructionsthe senior only needs to “wear” the device (either as a bracelet or as a necklace pendant) and press the button whenever a need arises. Whether the seniors is plagued witha heart attack, a dizziness spelland theyre alone in the house with the caregiver miles away, they simply press that button and a professionally trained response center responder will speak to them from the loudspeaker of the systems base unit. Other types of medical alerts can also be set to automatically call 911 or the nearest neighbor or medical facility whenever the device “detects” that the senior has an accident in the homea slip on the floor, a fall, or some sudden inactivity that may indicate loss of consciousness.
A medical alert system can enable doctors or caregivers to have a better control of their loved ones situationthe devices and the 24/7 monitoring associated with their use can easily fill in what the common caregiver could not do, which is remain with their aging loved one at all times. After all, a medical alert system, thanks to technological advances in manufacturing and wireless communication, is now very affordable, with a minimal monthly fee of around $20. For the breadth and scope of a medical alert systems service, along with its other perks, wed say that the monthly service fee is indeed a very small price to pay for ensuring the safety of a loved one.