Stuff I Find Interesting
David Langford, O.D. on October 14th, 2010 | Filed under Optoblog
Amen to Dr. Ari Weitzner’s post.
I have had mixed feelings about this. Some insurances (I won’t name them here) do reject, pay less, and take a long time to process claims. Yes it does cost money to actually train and pay employees to authorize, apply, and then submit insurance. However, you have to weigh your options. In many cases insurances is a loss and in many other cases it is very profitable. You have to weigh out each option and look at how your practice is run. I have to say that on MANY occasions using accepting certain insurance plans was a bad idea. Then on that same note I have to say that on MANY occasions accepting insurance plans was very well worth it. No, you will never receive the full amount of markup on materials or the highest possible payback by accepting any insurance plan but you must look at your business structure, your goals, and what works for you best.
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