Monday, January 30, 2012

Primary Care physicians and Wellpoint

Friday's issue of the Wall Street Journal featured an article on Wellpoint's investment in primary care. According to the article, "The nation's second-largest health insurer is shaking up its approach to paying doctors, putting a major investment behind the idea that spending more for better primary care can save money down the road. Starting this summer, WellPoint Inc., which insures some 34 million Americans, will offer primary-care doctors a fee increase, typically of around 10%, with the possibility of additional payments that could boost what they get for treating the patients it covers by as much as 50%. The new approach could pour an additional $1 billion or more into primary care, which WellPoint is betting will pay off in the form of fewer emergency-room visits and hospital stays."http://tinyurl.com/7crgk2w

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