A healthcare insurance company submits a proposed contract to a medical provider. The payments in the proposed contract are 20-40% lower than any other third-party payer, and the insurance company refuses to negotiate. This insurance company is used by 9% of the medical practice's patients. Which of the following is the best option for the facility?
A. Contact other local medical facilities and negotiate together.
B. Do not sign the contract and write a letter to the affected patients.
C. Sign the contract if the payments are close to average marginal costs per patient.
D. Sue the healthcare insurance company.
Answer: B
Health Professions
You might also like to view...
A break in a bone
What will be an ideal response?
Health Professions
PET scans, like x-rays, produce shades of gray images
Indicate whether the statement is true or false
Health Professions
The most important procedure in any type of written communication is to follow all steps in the writing process
Indicate whether the statement is true or false
Health Professions
Under normal conditions what does pK equal?
a. 6.1 c. 4.1 b. 20.1 d. 5.1
Health Professions