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
This is one update I do not look forward to posting, but the list and updates keep growing and coming in. We have Prime Healthcare here in California buying hospitals that would otherwise be gone, and the solutions offered by Prime are not particularly attractive due to the current balance billing...
Posted to
The Medical Quack .... by Barbara Duck
on 11-02-2008
Filed under: Medically Related, Insurance, Other Items of Interest, health insurance, Hospitals, Insolvency, bankruptcy, Prime Healthcare, Desperate Hospitals, Healthcre
I don’t know of one doctor or hospital that is not writing off balances of what the insurance companies are not paying. On top of that it is one administrative nightmare, medical assistants can’t get the time in the consultation rooms with the doctors as they are tied up on administrative functions...
Posted to
The Medical Quack .... by Barbara Duck
on 10-23-2008
Filed under: Medically Related, Insurance, Pharma/FDA News, healthcare, health insurance, Claims, Hospitals, bankruptcy, Balance Billing, Patients, Sicko
Wow, huge bills and she was able to borrow 45k but then at admitting time, the hospital wanted another 65k. This was at the MD Anderson Center in Texas. She states that she could pay for her chemotherapy if she washes out here entire retirement funds, tough decision and so now she keeps fighting...
We still live in a risk management world, one where the Department of Managed Care is shadowed by the power of the insurance companies; laws and regulations just seem to make everyone miserable these days. No matter how you look at it, all the problems these days come from one source, lack of payment...
Posted to
The Medical Quack .... by Barbara Duck
on 10-16-2008
Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, bankruptcy, Balance Billing, Department of Managed Care
In California we are well aware of this with the recent news with Prime Health Care being challenged on this practice as they have no contracts with the insurers and charge their published rates for out of network care, and the patient is stuck in the middle, but from the other side of the coin, some...
Posted to
The Medical Quack .... by Barbara Duck
on 08-29-2008
Filed under: Medically Related, Insurance, My Commentaries, Hospital, health insurance, Physicians, Quest Labs, bankruptcy, Balance Billing, Health Insurance Coverage, Not for Profit Hospitals, Prime Healthcare
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