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May 28, 2007

Discount Plastic Surgery - You Generally Get What You Pay For

Analysis of: Getting a Discount on Plastic Surgery | online.wsj.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Adam Schaffner, Plastic and Reconstructive SurgeonAdam Schaffner
Plastic and Reconstructive Surgeon, The Detroit Medical Center
Implications: I believe that these discount programs are an attempt by a third party to obtain financial gain while the plastic surgeons perform the work.  The only benefit to the plastic surgeon is the volume the plan may provide - just like any other health insurance carrier.  If you want the most qualified, credentialed, and experienced plastic surgeon - it will generally cost more.

Analysis: I believe that these discount programs are an attempt by a third party to obtain financial gain while the plastic surgeons perform the work.  The only benefit to the plastic surgeon is the volume the plan may provide - just like any other health insurance carrier.  Therefore, the only reason a plastic surgeon would have an incentive to agree to accept lower rates is if he/she lacks the volume to sustain the practice.  This may apply to plastic surgeons who are (1) new in practice, (2) in geographic areas which are highly competitve, (3) in areas where the demand for plastic surgery is low, (4) in areas where population does not support high-priced plastic surgery.  While low priced plastic surgery is not synonmyous with low quality (and high priced plastic sugery is not synonymous with high quality), you generally get what you pay for.  If you want the most qualified, credentialed, and experienced plastic surgeon - it will generally cost more.

Other Analyses of the Same Source Article:
Already here....
May 29, 2007, Author: Michael Bain, MD, Plastic and Reconstructive Physician, Michael A Bain, MD
Discount prices lead to Shortcut Surgery
May 28, 2007, Author: GLG Expert Contributor
be careful what you ask for
May 21, 2007, Author: GLG Expert Contributor
Cash Price on Plastic Surgery in Hospitals
May 18, 2007, Author: GLG Expert Contributor
Why not?
May 18, 2007, Author: GLG Expert Contributor
Plastic Surgery Discounts
May 15, 2007, Author: GLG Expert Contributor

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