My Spin: A 'code blue' medical crisis - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
December 19, 2022 Newswires
Share
Share
Post
Email

My Spin: A 'code blue' medical crisis

Star-News (Wilmington, NC)

It takes a lot of chutzpah to speak to a group of doctors about healthcare, but I am known to venture into areaswhich I probably shouldn't. The North Carolina Academy of Family Physicians consists of dedicated people Igreatly admire. They are the front door to healthcare.

Primary care physicians choose this specialty vital to patients' health, but not necessarily to their own. Fewerthan 1 in 4 new doctors make this their path. Those who do so value the personal relationships with patients andgenuinely believe this is the best approach to improve overall health.

I began my remarks by sounding a common note, namely that healthcare costs are too high. With barely fourpercent of the world's population our country spends almost half of the $8 trillion world healthcare expenditure.In 1970, the U.S. spent 6 percent of our gross domestic product on healthcare. CMS (Centers for Medicare & Medicaid Services) says today that is 19.7 percent…20 cents out of every dollar of economic output. The per capita cost of healthcare is estimated to be $11,945, more than twice as much as the average industrialized nation. And some 64 percent of those surveyed said they avoided or delayed medical care because of costs.

Many without healthcare insurance incur large debts. NC Treasurer Dale Folwell, in a forum in New Bern,touted a proposed bill that would help working families avoid financial ruin just because they got sick. Thisproblem is especially acute in Eastern Carolina, an area of our state with the worst concentration of medicaldebt placed for collection.

The Robert Graham Center in Washington reports that North Carolina has almost 6,000 primary care physicians(2010 numbers) or about 1 family doc for each 1,633 people, well above the national average of 1 to 1,463people. Our state set a goal to get closer to the national average, however population growth and they greying ofour state makes this a stretch. The Graham Center further projects that our state will need another 1,885 - a 31percent increase – primary care physicians by 2030.

Of the 25 percent of new docs choosing family medicine, even fewer choose to start or join practices in ruralareas of our state, where people are poorer, less healthy and more dependent on Medicaid and Medicare. Patientloads are often greater, fewer support services (like pharmacies) are available and physician spousalemployment opportunities are fewer. Adding a family physician to a rural community provides more benefitsthan just lowering healthcare costs and improving health outcomes. It is a morale boost that can attract newbusinesses and residents.

The Sheps Center for Healthcare Services Research at UNC reports that between 1990 and 2020 there were 334documented rural hospital closures in 44 states. North Carolina witnessed 11such closures since 2005 and atleast five more are teetering. COVID federal rescue funding helped slow the bleeding, but those funds havedried up and hard decisions lie ahead for rural hospitals.

It's a gross understatement to say we need to dramatically increase the number of primary care physicians.Medical schools at East Carolina, Campbell and UNC are putting renewed emphasis on family medicine in ruralareas by increasing the number of med school acceptances from students from rural areas, anticipating thedoctors will return home to practice. More funding for scholarships for family med students pledging to practicein rural areas is needed to dramatically relieve shortages.

The average graduate from medical school has spent eight years getting educated and three years in residencytraining. It is not uncommon for the new doctor to begin practice with $200,000 or more in student debt, astaggering amount before even starting a professional life. According to salary.com the average familyphysician in North Carolina earns between $184,179 and $239,970 per year. One would suspect income wouldbe higher in urban areas and lower in the more rural. That income might sound attractive to many, but afterwaiting so many years to enter the workforce and having to pay back $200,000 in debt, the amount doesn't lookso big.

At least two organizations in our state, Community Care North Carolina (CCNC) and the North CarolinaAcademy of Family Physicians, are working together to encourage more family physicians. CCNC has beentrained by MIT to establish a new business mentoring program. New doctors generally know very little aboutbusiness matters and the mentoring will help them in running their practice. The mentoring also helps ruralcommunities learn what they must do to attract and retain family physicians. Financial assistance with buildingor office space, student debt retirement and other support services will ensure the new doctor not only survivesbut thrives. The goal is for both the doctor and the community to remain happily married for many years.Here's my spin: We are staring down the barrel of a "code blue" healthcare crisis. Adding more familyphysicians, especially in rural communities, can go a long way toward averting the crisis. We must help familydoctors in helping us.

Tom Campbell is a Hall of Fame North Carolina Broadcaster and columnist who has covered North Carolinapublic policy issues since 1965. He recently retired from writing, producing and moderating the statewide halfhour TV program NC SPIN that aired 22 ½ years. Contact him at tomcamp@carolinabroadcasting.com.

Older

Having Chris Pettit as a client comes back to bite San Antonio law firm

Newer

Sundaram Finance Ltd. and Care Health Insurance enter into corporate agency agreement

Advisor News

  • What to discuss during the first retirement planning meeting
  • Inflation, competing priorities and uncertainty erode retirement security
  • As health premiums rise, 1 in 8 workers cut retirement savings
  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
More Advisor News

Annuity News

  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
  • How flexible annuities fit today’s retirement portfolios
  • Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity News

Health/Employee Benefits News

  • Iowa governor releases Medicaid Fraud Elimination Task Force recommendations
  • OVERVIEW OF RURAL HOSPITALS IN CALIFORNIA
  • PROTECT YOURSELF AND YOUR LOVED ONES THIS HOLIDAY SEASON WITH VACCINATIONS
  • Les Rubin: What does 'free' Democratic Socialism really cost?
  • Indiana Medicaid chief warns changes needed to avoid ‘catastrophic situation’
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
  • FINANCIAL FRAUD
  • Security Benefit Announces Planned Dividend Rate Reset for Series B Preferred Stock
  • Palmetto Heritage and Atlantic Coast Life Announce Discussions Regarding Potential Acquisition
  • Jury finds insurance company acted in bad faith, awards Nebraska woman $11.3M
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.