Health insurance companies need to get a clue

It’s extremely important we talk about the fact that physicians have not had meaningful increases in their contracts they have with health insurers in a very long time. This is cause some of them to stop taking all insurance together. They don’t want to deal with the stupid system of prior authorizations and the runaround they get from those companies, only to be paid far below what they should. It’s heartbreaking and we need to bring attention to it. If we as patients want better medical care, we need to be in sync with the physicians that provider it to us. Their fight against insurance is also ours.

Watch the video below

If you prefer to read it, here is the transcript:

00:00:00:00 – 00:00:29:10

So I just came out of my physician’s office. I was supposed to have my annual exam with an OBGYN that I’ve been seeing for a really long time that I absolutely adore. And I was told that as of tomorrow, she is going to be a cash payer only practice. Now, a lot of patients don’t understand that. A lot of physicians are starting to do this because insurance companies are not raising any of the rates of payment that they pay towards physicians.

00:00:29:12 – 00:00:51:19

They won’t even renegotiate contracts, which is ridiculous. This is a surgeon who has years of experience doing what she does and she can’t get an increased rate in her contract. She also has to go through a huge rigmarole of a whole bunch of these prior authorizations with insurance companies. And she has a staff that she has to think of.

00:00:51:19 – 00:01:13:05

She has herself she has to think of she has her practice and how good of a doctor she can be with all of the stress that is put on these physicians with insurance companies with no increase in payment. Now, I don’t know about you, but my insurance company every single year increases my premiums. So why is that money not going to the physicians?

00:01:13:07 – 00:01:29:02

This is going to be a problem that you’re going to see more and more in large metropolitan areas with really fantastic physicians dropping off of insurance. This is something we need to talk about and something that we need to force change in.