In a landmark development, Blue Cross Blue Shield (BCBS) has reached a $2.8 billion settlement to resolve antitrust claims brought by health care providers, including chiropractors. The lawsuit accused BCBS of dividing the nation into exclusive regions and limiting competition, which resulted in lower reimbursements for providers. Although BCBS denies any wrongdoing, the company agreed to the settlement to avoid lengthy litigation – and you can get a piece of the pie.
Latest Medicare Fee Cuts Delayed Until Jan. 1, 2011
On Nov. 30, President Obama signed into law the Physician Payment and Therapy Relief Act of 2010, which delays the scheduled 23 percent cut to the Medicare Physician Fee Schedule until Jan 1, 2011. This one-month delay will provide Congress with additional time to develop a longer-term Medicare Fee Schedule solution for 2011.
The ACA is working with its congressional contacts to halt the implementation of these reductions; however, we need your support. Please visit the ACA Legislative Action Center so you can quickly and easily create an e-mail message to send to your congressional representatives, urging them to block the implementation of drastic fee cuts and develop a long-term solution to the fee schedule problems. Please make your voice heard today on this very important matter.
Source: American Chiropractic Association