"Health Insurance Risk"

Face it; health care is expensive - no matter how you slice it. Affordable family medical insurance is a need for so many people. One of the best ways you can keep your medical insurance rates lower is to stay as healthy as you possibly can. We offer these tips for maintaining your family’s health, which will help you find and keep affordable medical insurance.

Short term health insurance is suitable for individuals and families who are in the transition process in their lives where they need insurance coverage for the cost of their major medical bills within a short period. Basically they don’t have a long term health plan and they just want a temporary solution.

With the way the economy is right now, people are looking for ways to put more money into their own pockets not their health insurance company’s pocket. Without a doubt, one of the most costly monthly expenses in any budget is health insurance.

It seems these days as if practices are doing more and more patient consultations over the phone. A lot of this may be due to the current economic conditions and the fact that patients are trying to avoid having to come in and be seen and be charged a co-pay. What ever the reason physicians are spending more time on the phone these days and are asking whether or not they can bill CPT codes for telephone consultations and get reimbursed.

In today’s economic environment, many practices are strapped for cash and are looking for ways to speed up collection of their accounts receivable. An expensive form of financing that some folks are considering is call factoring. Factoring is basically when a practice borrows against it’s current accounts receivable, typically insurance A/R, to obtain quick cash.

It is a common phenomenon in the health care industry for medical practices to struggle with collecting their patient obligations. It’s not that you as the doctor didn’t provide quality health care or the patient was dissatisfied with your service. Unfortunately medical bills get put on the back burner because generally speaking, the mortgage payment, car payment and other various bills have top priority by a lot of consumers. Having a patient payment plan in place can make the patient obligation more affordable, which means they are more likely to pay.

There are only three scenarios in which a Medicare Recovery Audit Contractor can utilize an automated review to determine if a claim paid to your practice was an overpayment. If you know what these three scenarios are, your practice can better predict the likelihood of Medicare RAC auditors sending a demand letter to your mailbox. You can perform a pre-audit within your practice to identify any areas of risk based on the three scenarios the RAC look at when using an automated review.

How does one secure their health against all unexpected problems? They do this by finding the health insurance program that will fit their needs as well as their budget. Things happen whether we are ready for it or not. The right health insurance policy will safeguard us from having to pay out of pocket for the extremely high costs of health care.

Being turned down by a health insurance carrier because we have a pre-existing condition, can be extremely frustrating. But there are options for coverage.

We’re familiar with the idea of warranties on mp3 players and toasters. Well, now the concept of the warranty is moving into the area of healthcare. At certain places in the U.S., like the Geisenger Health System in Pennsylvania, you now get a warranty with your surgery. Really.