BC Advantage - 2010 Issue 8

The Art of Renegotiating Insurance Contracts

In the wake of health reform the medical field has faced many uncertainties when it comes to reimbursement, especially where Medicare is concerned. Many practices are left with wondering will they be hit with a 21.3% cut in Medicare reimbursement or will they see a slight increase of only 2.2% for the remainder of 2010 and an even lower increase of 1% for the year 2011. Unfortunately, if physicians receive the small increase for the remainder of 2010 and another one in 2011 this will leave the door open for another potential cut in 2012 of 33%...

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