Fact Based List:
Nerdwallet: 5 Reasons Medicare Part C is No Advantage for Providers
Submitted by Anonymous on Wed, 09/10/2014 - 17:12
- Traditional Medicare is Easy- The “regular Medicare” process: render service, send a bill, get paid, MA plans are less transparent
- Unpaid Patient Balances- Unpaid bills are another element that has become important in the decision-making process of medical practices
- Medicare Advantage is Complicated- Tedious and often-delayed authorization process for Medicare Advantage remains a major drain on resources and staff time
- Unclear Policies- Commercial carriers, the administrators of Part C plans, must offer equivalent coverage
- Unfair Patient Responsibility- Patients are more likely to be hit with unpaid bills, especially if they see a non-contracted provider
Source: Nerdwallet Finance
Source URL: http://www.nerdwallet.com/blog/finance/advisorvoices/medicar...
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