Well, it appears that we Walmart doctors are finally going to get hit by the recession created by statist policies. Apparently it was announced at the W-M Health and Wellness conference that beginning this fall sometime, W-M optical staff won’t be billing the vision plans for us anymore. Currently, Wal-Mart pays me the same day what is expected to be collected from these vision plans, then they bill them and get reimbursed. Of course, insurance companies are notorious for saying the benefits are X, but they turn out to be Y, so they’re not paying what we all expected. I’m sure Walmart is looking for ways to cut costs, so getting rid of these insurance denials and chargebacks sounds like a great idea for them.
Considering that around 25-30% of my patients are Spectera and Davis, this is going to cause me a big headache. Now I’ll have to get internet access so I can bill them on their website. Then I’ll have to figure out what my privider ID and password are. Oh, and it takes a lot of time, probably an average of 10 minutes per patient, to figure out stupid exam benefits. Now that W-M won’t be billing them for me, they probably aren’t going to volunteer to find out the benefit information for me either. Oh, and most of these vision plans don’t even reimburse the full amount of what many Walmart doctors charge. So we’re going to have to increase our work and probably recoup less.
Most impacting is that my accounts receivable is going to skyrocket. It’s already bad enough dealing with BlueCross and their incomprehensible way of figuring out who has routine eye exam coverage and if so does that include a contact lens evaluation and what their copay is and does the deductible apply or not. Now to add more insurances that I can’t trust to pay me what I’m expecting and pay it in a timely manner…I’m just sick of it.
I hate insurance! Seriously, who ever came up with the idea of vision insurance should be sent to Guantanamo for domestic terrorism towards eye doctors- oh, wait, that facility is closing…so, maybe we’ll just give that person a really stern warning and then give them food stamps.
I don’t know if I’m going to re-credential with Davis. Getting through their phone tree takes longer than doing the actual exam!