Wiki Insurance Reimbursement

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kd2471

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Just saw a couple of eob's from a southern california surgery center. They had billed Knee Scope, Hammertoe, and ENT procedure. Reimbursement on scope was $55000.00 (Blue Cross) Hammertoe on 2 toes $67000.00 (Aetna) and Septoplasty $55000.00 (Aetna). There were six eob's for a total of $300,000.00 in receipts. Could not believe this. Wondered if this is a common reimbursement in southern california. I think the fee schedule was 10 times Medicare.
 
kd2471 said:
Just saw a couple of eob's from a southern california surgery center. They had billed Knee Scope, Hammertoe, and ENT procedure. Reimbursement on scope was $55000.00 (Blue Cross) Hammertoe on 2 toes $67000.00 (Aetna) and Septoplasty $55000.00 (Aetna). There were six eob's for a total of $300,000.00 in receipts. Could not believe this. Wondered if this is a common reimbursement in southern california. I think the fee schedule was 10 times Medicare.
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WHATTTTTTTTTTTTTTTTTTTT!!! NO way!!! Something doesnt seem right with any of that.
 
Pretty shocking, huh? I find this a little unethical even though they are an out of network facility. That seems to be the norm today. Then they only charge the patient the copay they would pay if they were in-network. It's no wonder everyones premiums are skyrocketing. I believe in fair reimbursement.
 
kd2471 said:
Pretty shocking, huh? I find this a little unethical even though they are an out of network facility. That seems to be the norm today. Then they only charge the patient the copay they would pay if they were in-network. It's no wonder everyones premiums are skyrocketing. I believe in fair reimbursement.
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what happened to reasonable and necessary? They just paid everyones wages, bonuses and lunch for the next three months on 3 cases!! Holy **** batman!!
 
does anyone else see this type of reimbursement? that seems crazy! have you heard how places that take a lot of out of network cases do? Just curious
 
I have had some dealings with out of network. Usually what the facilities do is tell the patient they will not pay any more than if they were going to an in-network facility. So if they are a 80/20 plan they take what medicare allows for ASC multiply it times 2 or three and have the patient pay their percentage based on this. The problem with this is you cannot project your financial situation very well.Lets say you are not contracted with Blue Cross they may have a $540 or $380 out of network max and a $500.00 copay. It seems more and more insurance companies are making out of network a flat amount.The places I have been billing for look at if they do 10 scopes and only get $540.00 or $380.00 a case plus copay but get one payment of $20,000.00, that makes up for it. The problem is the writing off amounts that are put towards the patient for payment whether it applies to out of network. Go figure!!!!!!!!
 
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