Markets in Everything: $49 Strip Mall Lab Tests; A Convenient, Affordable Antidote to Obamacare

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KSTP -- "Next time you want a blood test, you could get it at a strip mall. A store-front lab firm is now open in Plymouth. It is the first business of its kind in Minnesota, but it will not be the last.

53-year-old Elaine Warren came to Any Lab Test Now to get her cholesterol checked. "I had an annual exam. It was up just a little bit so I thought I'm going get ahead of the game," says Warren. Her insurance covered her annual exam back in January, but to have her cholesterol checked now at her regular clinic would cost her $57 for the test, and a $45 co-pay for a total of $102. Her visit to Any Lab Test Now cost her $49. She was told she would get her results in about two days.

Any Lab Test Now has what it calls a 'Take Out Menu' of lab tests it performs. Lab officials say they've seen DNA tests for both paternity and immigration related issues, STD testing for informational purposes, thyroid panels and diabetes panels.

University of Minnesota Business Professor Steve Parente says with high deductible insurance becoming more popular this store-front lab test firm is an increasingly popular business model. Any Lab Test Now opened its first Minnesota branch in Plymouth in June and plans to have three more in the next year."

MP: This is one more example of affordable, convenient, market-based medicine with transparent pricing at labs that are open six days per week, and with evening hours at many locations.  Any Lab Test Now now operates in 31 states, and you don't need an appointment, insurance or a physician's referral.  At the same time that Obamacare is planning a complete government takeover of health care and medicine in America that will stifle competition and raise prices, the market continues to offer many new, innovative, alternative solutions to health care that are competitive, affordable and convenient.  

HT: Mike Carlson