http://asklizweston.com/2010/02/08/anthem-to-the-westons-go-away/ Personal Finance Columnist Tue, 22 May 2012 17:44:58 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://asklizweston.com/2010/02/08/anthem-to-the-westons-go-away/comment-page-1/#comment-1207 lizweston Tue, 09 Feb 2010 04:51:52 +0000 http://asklizweston.com/?p=1779#comment-1207 Good grief, Dr. Andrew. Apparently California's insurance commissioner has called for a "postponement" of the consumer rate increases, but no word on cuts to physicians. Good grief, Dr. Andrew. Apparently California’s insurance commissioner has called for a “postponement” of the consumer rate increases, but no word on cuts to physicians.

]]> http://asklizweston.com/2010/02/08/anthem-to-the-westons-go-away/comment-page-1/#comment-1205 Andrew Vertson Tue, 09 Feb 2010 04:39:29 +0000 http://asklizweston.com/?p=1779#comment-1205 Anthem sent me a letter in November, (I am a "preferred" physical therapy provider with them), telling me that under my new contract I would take a 58% cut in reimbursement. This would amount to a $200,000 a year LOSS of revenue but I would have to treat the patients with my current amount of staff and overhead. Yet, outpatient hospital physical therapy and physician owned physical therapy would NOT be forced to take this cut. Anthem sent me a letter in November, (I am a “preferred” physical therapy provider with them), telling me that under my new contract I would take a 58% cut in reimbursement. This would amount to a $200,000 a year LOSS of revenue but I would have to treat the patients with my current amount of staff and overhead. Yet, outpatient hospital physical therapy and physician owned physical therapy would NOT be forced to take this cut.

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