What Does it Cost Physician Practices to Interact with Health Insurance Plans?
Physicians have long expressed dissatisfaction with the time they and their staffs spend interacting with health plans. However, little information exists about the extent of these interactions. The authors conducted a national survey on this subject of physicians and practice administrators.
Participants in this national study spent an average of $68,274 per physician per year interacting with health plans. Physicians reported spending three hours weekly interacting with plans; nursing and clerical staff spent much larger amounts of time. When time is converted to dollars, the authors estimate that the national time cost to practices of interactions with plans is at least $23 billion to $31 billion each year.