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Article #64105

Re: Opting Out

#64105
From: Malcolm Dunnett
Date: Tue, 22 Sep 1992 00:32
29 lines
1913 bytes
In article <1992Sep21.180524.6173@sol.UVic.CA>,
     klassen@sol.UVic.CA (Melvin Klassen) writes:
>  
> Another observation: if the doctor opts out, and allows payment by credit-card,
> then observe what happens:
>  - the doctor gets, say, 98% of the billed-amount,
>  - the credit-card company gets, say, 2% of the billed-amount.
> (What is the actual "cut" which the CCC gets?)
> 

If the doctor bills as a member of a medium to large clinic then I think
2% is a reasonable figure, if he's billing as a single practictioner
( ie less $ volume/year ) he could be paying 4% or more.

> Note that the CCC makes quite a profit,
> given the total amount of medical-billings annually in this province,
> and the doctor takes a 2% pay-cut!

  I have heard that the doctors in Nanaimo who are opting out have 
calculated that they are losing significantly more than 2% now to clients
who give phoney or expired medical plan numbers ( then when the medical
plan refuses to pay the claim they're stuck ). Presumably the credit card
system will use on-line authorization and once the CCC accepts the charge
collection will not be the doctor's problem. 

-- 
========================================================================
Malcolm Dunnett    Malaspina College         Email: dunnett@mala.bc.ca
Computer Services  Nanaimo, B.C. CANADA        Tel: (604)755-8738
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References: <1992Sep19.174335.3316@unixg.ubc.ca> <1992Sep21.180524.6173@sol.UVic.CA>

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From: dunnett@mala.bc.ca (Malcolm Dunnett)
Newsgroups: bc.general
Subject: Re: Opting Out
Message-ID: <1992Sep21.173221.821@mala.bc.ca>
Date: 21 Sep 92 17:32:21 -0700
References: <1992Sep19.174335.3316@unixg.ubc.ca> <1992Sep21.180524.6173@sol.UVic.CA>
Organization: Malaspina College
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