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To: i-node who wrote (199793)5/3/2009 10:52:34 AM
From: neolibRead Replies (1) | Respond to of 306849
 
- The doctor enters the charge lines into his system

No he does not. The doc scrawls by hand on a sheet of paper, and another individual peers at his scrawl, tries to decode it accurately, and enters it into a computer.

You also failed to account for the cost of claims adjustments. I happen to have a cousin, with only a HS education who has worked for many years for BCBS as a medical claims adjuster and makes over $70K/year. These are all factors in why medical billing is inefficient.

Safeway would object to just the paper, envelope and stamps involved in medical billing.

I think it is pretty well documented that the insurance payment overhead in the USA is somewhere in the 10-20% range. You seem to be claiming it is much less. What number would you place on it?