| UNITED HEALTH CARE | ||||
| ALIASES: MetLife, MetraHealth, Travelers | ||||
| UNITED HEALTH NETWORK | ||||
| Current rating for PRIMARY CARE PHYSICIAN REIMBURSEMENTS--> | F | |||
| Their payments for OFFICE VISITS are--> | BAD | |||
| Their payments for LAB WORK are--> | AWFUL! | |||
| ---CURRENT RECOMMENDATION--- | ||||
| THEIR OFFICE VISIT REIMBURSEMENTS ARE LOUSY, AND THEIR LAB PAYMENTS ARE SO LOW THAT THEY ARE BELOW OUR COST!!! DOCTORS SHOULD STAY AWAY FROM THIS ONE FOR SURE -- IT'S A REAL MONEY-LOSER. | ||||
| - | ||||
| ---COMMENTS--- | ||||
| 4/26/98 |
The ValueLine Investment Survey (Medical Services Industry) reports that United HealthCare grew their profits from $500 million in 1995 to $17 BILLION in 1998! ValueLine's conclusion: "Further United HealthCare enrollment growth, steady price increases, and cost containment techniques will likely fuel 20% earnings gains over the next several years. Although the stock is up over 40% since our January report, we are still projecting superior capital appreciation for these shares over the three to five year pull." THEY'RE GENERATING ALL THOSE PROFITS ON THE BACKS OF THE DOCTORS WHO ARE ACTUALLY DOING ALL THE WORK. Any doctor who is still taking care of United HealthCare patients -------------- |
|||
| 9/12/97 | First there was Travelers, and they paid lousy. And there was also MetLife which also paid lousy. Then the two of them merged to become MetraHealth which also paid lousy. Now MetraHealth has been acquired by United Health Care which also pays lousy. DO WE SEE A PATTERN HERE? Look at the numbers! Any doctor who takes on any of these patients has lost his senses! Any patient who signs up for this insurance is going to find it very difficult to find a good doctor who'll accept him. | |||
| ----------- | ||||
| PLEASE BOOKMARK http://home.earthlink.net/~austintxmd and check often for updates | ||||
| NET PHYSICIAN INCOME | |||||||
| UNITED HEALTH CARE | |||||||
| UNITED HEALTH NETWORK | |||||||
|
|
|||||||
| Maximum Number of Each | Click to see ASSUMPTIONS on which these figures are based | ||||||
| You Could Perform | Fee They Pay |
Totals For Year |
|||||
| ___Service____ |
Per Year
|
||||||
| Office Visits (99212) | 4,140 | 29.69 | $122,917 | ||||
| Physical Exams (99215) | 690 | 102.16 | $70,490 | HOURLY | |||
| Total Possible Income from Office Visit Charges--> | $193,407 | $168.18 | Income | ||||
| Total OFFICE OVERHEAD (click)--> | -$206,600 | __-$179.65 | Overhead | ||||
| Net ANNUAL PHYSICIAN INCOME--> | -$13,193 | -$11.47 | <-- Net HOURLY MD Income | ||||
| Hourly Physician "Wage" (based on an 8-hour day)--> | -$7.17 | ||||||
|
(including patient copay) |
||||||
| CPT Code | Description | 1995 Payment | Current Payment | CHANGE | ||
| 99211 | Office Visit, MInimal | 16.60 | Payment For <-- 4 Office Visits |
|||
| 99212 | Office Visit (10min.) | 29.69 | $118.76 | |||
| 99213 | Office Visit (expanded) | 41.92 | ||||
| 99214 | Office Visit (detailed) | 64.62 | Payment For One <-- Physical Exam |
|||
| 99215 | Physical Exam (40min.) | 102.16 | $102.16 | |||
| 93000 | Electrocardiogram | 34.63 | -$16.60 | <-- What the doctor loses every time he does a thorough physical exam. See "Disincentives to Good Care" | ||
| 94010 | Pulmonary Function | 55.00 | ||||
| 85025 | Complete Blood Count | 6.00 | ||||
| 81000 | Urinalysis | 6.00 | ||||
| 80061 | Cholesterol/LDL/HDL | 7.00 | ||||
| 80019 | Chem-28 Profile | 10.00 | ||||
| 88150 | Pap Smear | 8.00 | ||||
| --------- | ||||||
| Reprinted from: http://home.earthlink.net/~austintxmd | ||||||
