Medical Billing Forum

Payments => Insurance Payments => Topic started by: lotus921v on November 27, 2012, 05:43:40 PM

Title: Medicare reimbursement rate decreases affect private insurer decreases?
Post by: lotus921v on November 27, 2012, 05:43:40 PM
So for 2013 Medicare is cutting EMG reimbursement by approximately 50%.  Should we expect most major med carriers to follow suit?  How long would that take for changes to major med to come into effect?
Title: Re: Medicare reimbursement rate decreases affect private insurer decreases?
Post by: PMRNC on November 28, 2012, 04:36:49 PM
Join the club....

Anyone that thinks they are safe from Obamacare is a fool...    http://www.insidepatientfinance.com/revenue-cycle-news/specialists-cry-foul-on-medicare-reimbursement-cuts/
Title: Re: Medicare reimbursement rate decreases affect private insurer decreases?
Post by: DMK on November 28, 2012, 06:14:11 PM
We're getting cut 24% and still have only 2 allowed procedure codes.  And Medicare patients require over double the time, paperwork, and follow up due to the complexity of their health conditions. 

And it's all FREEEEE!!!! ;)  (I'm being snarky of course, I got a lovely letter from Anthem Blue Cross stating that "due to increased physician fees we're raising your rates 18.6%")  If I tighten my belt any more I'll be cut in half.
Title: Re: Medicare reimbursement rate decreases affect private insurer decreases?
Post by: Michele on November 29, 2012, 10:57:00 AM
Hang on people, we are just hitting the early caps of the raging rapids. 
Title: Re: Medicare reimbursement rate decreases affect private insurer decreases?
Post by: PMRNC on November 29, 2012, 04:05:13 PM
you are not kidding... BUCKLE up.. it's going to be a bumpy ride.
Title: Re: Medicare reimbursement rate decreases affect private insurer decreases?
Post by: rdmoore2003 on December 07, 2012, 09:45:11 AM
does anyone know if medicare has released their 2013 fee schedule yet?
Title: Re: Medicare reimbursement rate decreases affect private insurer decreases?
Post by: PMRNC on December 07, 2012, 09:54:55 AM
Yes, sometime earlier this week or late last week I posted the links to the downloads.