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How exactly are specialists reimbursed or paid?
The reason I ask is because from what I understand (please correct me if this is wrong), the reason PCPs are paid so embarrassingly little is because insurances/Medicare reimburses these services so little and that Medicare largely sets these rate.. So does Medicare value specialist care more heavily and thus reimburses these services to a larger degree? Or is this not how specialists are paid? Are specialists pain in a fee-of-service like system?
The reason I ask is because from what I understand (please correct me if this is wrong), the reason PCPs are paid so embarrassingly little is because insurances/Medicare reimburses these services so little and that Medicare largely sets these rate.. So does Medicare value specialist care more heavily and thus reimburses these services to a larger degree? Or is this not how specialists are paid? Are specialists pain in a fee-of-service like system?