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
If you work at Serigraph, a specialty printer based in West Bend, Wisconsin, you will be part of the pilot program. It starts in January and offers no out of pocket expenses for the employee. Hospital are approved by the joint commission. The rights and remedies statement below interesting...
Posted to
The Medical Quack .... by Barbara Duck
on 11-12-2008
Filed under: Medically Related, Insurance, Surgery, health insurance, Hospitals, Blue Cross, Medical Tourism, India, Risk Management, Wellpoint
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
Where does the greed lie perhaps might be the question. Today it takes a lot of money to create a new drug and as we have seen from the new approach from the FDA, more information and documentation is required. Investors want a return on some of the biotech research that has not quite matured yet...
Posted to
The Medical Quack .... by Barbara Duck
on 10-26-2008
Filed under: Medically Related, Insurance, My Commentaries, healthcare, health insurance, Physicians, HMO, Hospitals, Fraud, NIH, Whistle Blower, Beware of Geeks Bearing Formulas, Greed
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
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
There are even road shows to promote tourism. Insurance companies and hospitals alike are meeting on the topic. Countries like New Zealand and Israel have entered the market. Mexico is building hospitals for medical tourism. Tourism creates shortages in Thailand for regular...