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Elizabeth Carlstrom's Blog

Wednesday, September 10, 2008 #

The Good, Bad & Ugly of Insurance

Today is actually a "Good Day" when it comes to insurance and verification of eligibility and benefits. Yesterday, well that is another story and I would have to say it was an "Ugly Day".

Seems that all the insurance verifications that I called about today was in high favor relating to patient benefits and eligibility. One plan actually pays at 90/10 for out of network benefits and another at 95/5 for out of network benefits. These days, those are actually good percentages!

With that being said, there are times when healthcare providers must take the good, bad and the ugly when accepting insurance payments. The really good insurance plans help offset the bad ones. So, is it worth it to accept some plans that you previously thought would not be in your best interst? Perhaps, especially when you consider all patients and not just a few.

Here's hoping that all of you have a "Good Insurance" week!

posted @ Wednesday, September 10, 2008 5:27 PM | Feedback (1)



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