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- Dec 17, 2003
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Interesting tidbit that I found while reviewing fincances for my group.
We took care of a Tricare patient, and the charges were, according to standard units charged per other insurance companies, $715.
With really good insurance, you will collect almost 100%.
With Tricare, we got paid a whopping $93.72!!!
So, after taking into consideration for costs like malpractice, disability insurance, employees, etc...our group lost money.
We PAID money to take care of someone with Tricare for insurance.
This is the reason that Tricare does not work.....MANY physicians will not accept Tricare because, you lose money taking care of these patients.
We took care of a Tricare patient, and the charges were, according to standard units charged per other insurance companies, $715.
With really good insurance, you will collect almost 100%.
With Tricare, we got paid a whopping $93.72!!!
So, after taking into consideration for costs like malpractice, disability insurance, employees, etc...our group lost money.
We PAID money to take care of someone with Tricare for insurance.
This is the reason that Tricare does not work.....MANY physicians will not accept Tricare because, you lose money taking care of these patients.