Tag: Insurance
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What are the Misconceptions of Disability Income Protection?
There are plenty of common misconceptions about disability insurance: “Disability insurance pays me if I can’t work, regardless.” “My group disability will take care of me.” “My business partner’s DI coverage will fund our Buy-Sell agreement.” “I can pay my staff out of my DI proceeds to keep the doors open.” Pay Attention! Not All…
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When Is It Wise to Offer Patients a Reduced Fee Schedule?
Some of our practice management roundtable participants are offering certain patients an opportunity to pay fees of less than the standard fee schedule for their care. Below we will discuss how they are reaching that decision and if it could be appropriate for your practice. Some patients have no insurance coverage but want to pay…
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PIPA Open Enrollment During October
The Physicians Insurance Plan of Alabama through Blue Cross Blue Shield is available for qualified* members of the Medical Association providing you, your family and staff with strong benefits at affordable premiums as compared to other options. The PIPA health coverage rates for 2019 will have a decrease of 4.5 percent and dental coverage has…
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Don’t Get Caught in a Copay Conundrum
In the current environment of increasing patient deductibles and copays, the billing and collection of the patient portion of the services you provide is top of mind. In the Department of Health and Human Service’s report dated May 23, 2017, Alabama’s average monthly health insurance premium amounts increased 223 percent from 2013 to 2017, versus…
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Summer’s Not Over…Hit the Road with these Safe Travel Tips from Medjet Assist!
There’s nothing more American than packing up the car and taking a family summer road trip. Whether you’re headed down the road to grandma’s house, across state lines to the nearest beach, or all the way across the country, making sure you get your family there safely is top of mind. By following these summer…
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Four Dangerous Words Physicians Regularly Say
One trend evident in all medical practices is the shift in payment responsibility from insurance payers to the insured patients. As employers modify coverage to contain their premium costs, health care providers are treating patients who have $2,500, $5,000 and even $10,000 deductibles. Physicians who have practiced for many years have instructed their collections staff…
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As CHIP Funding Lags, Doctors And Parents Scramble To Cover Kids’ Needs
Dr. Mahendra Patel, a pediatric cancer doctor, has begun giving away medications to some of his patients, determined not to disrupt their treatments for serious illnesses like leukemia, should Congress fail to come up with renewed funding for a key children’s health program now hostage to partisan politics. In his 35 years of practice, Patel,…
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Children’s Insurance, Other Health Programs Funded — For Now — In Bill
The bill passed by Congress in late December to keep most of the federal government funded for another month also provided a temporary reprieve to a number of health programs in danger of running out of money, most notably the Children’s Health Insurance Program, or CHIP. Funding for CHIP technically expired Oct. 1. States have…
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Legislative Update: What Happened This Week in Washington…
From President Trump’s new tax plan to renewed funding for the Children’s Health Insurance Program to former President Obama’s Independent Payment Advisory Board, health care has been at the center of a lot of discussions this week on Capitol Hill. Vote Expected Today for CHIP — The House is expected to vote today to pass…