Is Concierge Medicine Bad?
Key Takeaways
Concierge medicine may appeal to people who want more time with their primary care doctor, but annual fees and specific health needs may make it less viable for others.
Concierge Medicine: Is It Truly Bad? An Expert Look at Pros, Cons and Alternatives
As you learn more about concierge medicine, you’ll find plenty of supporters and critics. But who’s right? As with any healthcare model, concierge medicine has both perks and drawbacks. Ultimately, whether the membership model is worth the investment for you depends on your healthcare needs and preferences.
Here we explore the pros, cons, and alternatives of concierge medicine to help you make an informed decision.
Pros of Concierge Medicine
Concierge medicine typically follows the membership model. Patients pay an annual fee for more personalized care. This model aims to improve both doctor and patient satisfaction.
Pros of concierge medicine often include:- Convenient same- or next-day appointments
- Easy communication with your doctor after hours
- Longer appointments, where you don’t feel rushed
- More advanced care, such as wellness services, health coaching, or screenings
- Personalized health recommendations
- Reduced physician workloads for a better patient-doctor relationship
Cons of Concierge Medicine
Even with the benefits of concierge medicine, it may not be for everyone. Cons of concierge medicine can include:
- Cost: Annual membership fees for concierge medicine vary based on location, doctors, services, and other factors. While some fees have become more affordable, others may be cost-prohibitive. Average membership fees range between $2,000 and $5,000 per year, with some costing $10,000 or more.
- Limited services: The services a concierge doctor provides vary by practice. Membership fees don’t cover the cost of specialist visits, hospital care, or sick visits, so if you see several other doctors already or have specific treatment needs, concierge medicine might not be the option for you.
- Limited practice options: Because it can be harder to transition into concierge medicine, there aren’t as many concierge doctors. Some areas have a limited number of practices. Also, concierge doctors see fewer patients and may not be as open to accepting new ones.
Alternatives to Consider
Maybe you want the premium healthcare experience that concierge medicine offers, but you’re concerned about your budget. One alternative is the MDVIP model. It goes beyond concierge medicine by focusing on preventive care through the MDVIP Wellness Program.
The Value in Prevention
Preventive care may cost a little extra upfront, but being sick can be expensive. Through MDVIP, your doctor offers a comprehensive, advanced wellness program that can help identify risks earlier — before they become medical expenses. This is what your annual fee pays for, and the test, screenings, and interpretation of the results are typically covered by insurance. Your health investment may save you from:
- Hospitalizations: Members of MDVIP-affiliated practices experience 72% fewer hospitalizations compared to traditional primary care patients. The average hospital stay costs over $17,000, which equates to years of membership fees.
- Heart disease: Using our advanced cardiac screening, your doctor may be able to identify your risk for heart disease earlier, when there’s still time to prevent it. Treating heart disease is expensive. The lifetime cost of a heart attack is more than $109,000, a stroke is $140,000, and a stent is $18,000 or more.
- Other disease risk: From type 2 diabetes to inflammation, cancer, or nutritional deficiencies, the MDVIP Wellness Program looks at a dozen different disease risks annually. Chronic conditions can cost thousands of dollars each year to manage. That’s why it’s important to get ahead of potential issues.
Time is Money
Your time is valuable. Long waits, overcrowded schedules, and short appointments cost you time and money. Because they see fewer patients, MDVIP-affiliated physicians have time to offer conveniences. For example:
- You can schedule same-day or next-day appointments, so you don’t have to take multiple days off work for a visit with your primary care provider.
- You can address more than one concern with your doctor instead of making multiple appointments.
- Your doctor is available after hours for urgent needs, avoiding urgent care visits ($200–400) and emergency room visits ($2,600+) for non-emergency concerns.
Which Healthcare Model Should I Choose?
Whether you should use the traditional primary care model, the concierge medicine model, or an alternative like the MDVIP model is your choice.
Concierge medicine may work for you if:
- You want a doctor who can take more time to listen to you.
- You see your primary care doctor often to treat conditions like high blood pressure, but don’t require specialist care.
- You’re busy and value convenience.
- Your schedule is inconsistent, so you need appointments that are easy to schedule on short notice.
Concierge medicine may not be for you if:
- You have a tight budget.
- You don’t see your primary care doctor often.
- You visit specialists a lot.
- You have frequent stays in the hospital.