Wednesday, March 14, 2007
Insurance Update: Providers in Illinois Take a Hit from Blue Cross Blue Shield
According to Gil Gulbrandson, C.O. from Illinois, Blue Cross Blue Shield had not so great news for Illinois Providers. He indicates that:
"We received a letter last week from BCBS of Illinois informing us that as of June 1, Illinois will have an O&P network. As most of you in IL know, to date there has been no network in IL. You could be a participating provider, but no network. BCBS paid at our list pricing."
"In this new network, BCBS stated that the reimbursement would be Medicare allowable. For those of us in IL this will be a big hit. If you weren't aware, just thought I'd end your day with this cheery news. One more hit to our cash flow!"
From the previous post, I would believe that California providers would prefer Medicare rates to 23% less!
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