Health Insurance companies despite the downturned economy are still showing major profits and as stated below maintaining some pretty large “reserve” funds, money that basically just sits there and collects interest, which is some pretty large dollar amounts and the related reading below will give some...
Posted to
The Medical Quack .... by Barbara Duck
on 11-15-2008
Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, Blue Cross, bankruptcy, Desperate Hospitals, Blue Shield, Venture Capital, Reserve Funds, Profits, Bank
Well Point and United Healthcare have created their own banks, it was either this or connect with a 3rd party. I first posted about this last year and you can read the articles under related posts below. It is still a risk management business by all means though, so this is just another expansion...
Posted to
The Medical Quack .... by Barbara Duck
on 10-22-2008
Filed under: Medically Related, Insurance, Other Items of Interest, healthcare, Physicians, Blue Cross, Doctors, Insurance plans, Wellpoint, Insurance premiums, United HealthCare, Banks, Consumer Healthcare
We all complain about having to wait and the referral process of HMOs. This is a good post to take a look at here as this man has created an online diary as to the processes that are taking place to get his hip surgery done, a replacement for an artificial hip that is failing. He driving...
Open up a concierge practice, well this physician was canceled by one carrier. Other carriers have done the same in other instances. Read the full story for all the details. Physicians all over are changing business models and when they select to charge and give the patient the time...
Interestingly enough, while I was watching this video, my cell phone rings from Anthem Blue Cross with an automated questioning system about taking care of my health, somewhat of a parody as I was reviewing the video for the blog. I went through the system and first off I do have to make one comment...
Posted to
The Medical Quack .... by Barbara Duck
on 08-19-2008
Filed under: Medically Related, Insurance, My Commentaries, healthcare, privacy, health insurance, Marketing, Blue Cross, bankruptcy
It used to be we would hear some type of concern, but the comments here sound like a torrid of anger, hope this is not a sign of the times when it comes to working with carriers for health care. It makes it sound more like a war than a negotiation process towards working to achieve better healthcare...