American College of Surgeons opposes the “Stop Surprise Medical Bills” legislation introduced by Senator Cassidy and the bipartisan Senate working group
In setting payment rates for out-of-network physicians, the legislation uses insurer-dictated median in-network rates as the amount the plan pays the physician. This approach will likely have two major consequences:
- For those physicians who want to be part of the health plans network, the ability to negotiate a payment rate with the health plan will be unfairly biased towards the plan.
- For those physicians who are currently in-network and paid above the median in-network rate, the health plan will have the unfettered power to lower the rate paid to those physicians with no realistic alternative for the physician.
While the
Further, the bill allows the arbitrator to use insurance-controlled data rather than an independent database for benchmarking purposes. The ACS believes that an independent database, such as
The
About the
The
SOURCE


AM Best Affirms Credit Ratings of Third Point Reinsurance Ltd. and Its Subsidiaries; Revises Outlooks to Negative
Online controversy surrounds photo of state senator, antiabortion activists at restaurant
Advisor News
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
- MassMutual Expands Lending Options With New Secured Credit Line
More Annuity NewsHealth/Employee Benefits News
- Centene sues feds over low ratings for senior health plans
- Terry Savage: Small business owners, now is the time to offer health insurance coverage
- Aldermen select employee medical insurance broker services provider
- Southwest Bridge Health focusing on insurance coverage gap in Berrien County
- HEALTHCARE SHOULDN'T REQUIRE A MAP
More Health/Employee Benefits NewsLife Insurance News