This might have a bit to say about the IT departments, or the antiquated equipment in place, but with all the large profits being made by health insurers I would guess the have invested heavily as they have with all their reporting services and claim algorithms for calculating claims and approvals for...
Posted to
The Medical Quack .... by Barbara Duck
on 11-20-2008
Filed under: Medically Related, Insurance, Other Items of Interest, Computers, health insurance, Health IT, Cigna, Lawsuits, United HealthCare
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 brings about a good question when it comes to paying commissions on selling health insurance, why do we need to pay this and not have some additional revenues paid here go towards claims? The reason I say this is so many of the health insurance brokers are just web sites that bring many carriers...
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
Only one listed here in California, Kaiser Permanente under top 5 Medicare plans, and most I noticed were located in the northeast portion of the US. In California we are looking at even more healthcare budget cuts and a potential sales tax hike. “The proposed health cuts would mean hundreds of...
Posted to
The Medical Quack .... by Barbara Duck
on 11-07-2008
Filed under: Medically Related, Insurance, healthcare, health insurance, insurers, Rankings, California Health Care, Medical Plans, Best Health Plans
One more program to confuse us when needing a prescription, although I’m sure there is money to be saved here, but shoot I like the $4.00 or $10.00 generic prescriptions offered by others, no enrollment and no questions asked, simple. For the monthly fee, you might need to be a patient with some...
Posted to
The Medical Quack .... by Barbara Duck
on 11-06-2008
Filed under: Medically Related, Insurance, Pharma/FDA News, Other Items of Interest, drugs, healthcare, health insurance, Prescriptions, Medicare Part D, Aetna, Pharmacy, Costco
Two featured posts this week. Court Blocks White House Push on Medicare Expenses This particular statement really bothers me, is CMS now going to take on the role of “doctor here? “The Bush administration argued that Medicare officials had the right to decide whether the expense incurred...
Posted to
The Medical Quack .... by Barbara Duck
on 11-06-2008
Filed under: Medically Related, Insurance, Other Items of Interest, healthcare, medicare, health insurance, AARP, CMS, Medical Quack, Bush Administration, Risk Management, WSJ