Here are four things to know:
1. Illinois froze the insurance claims payments because it is not authorized in the new state budget.
2. Premium and benefit policies will remain unchanged.
3. More than 140,000 self-insured state workers will be affected by this development.
4. Many of these self-insured people will have to pay medical costs in-full, and receive reimbursements at a later date.
More articles on practice management:
Casetabs: The app making surgery coordination easy — 5 things to know
Where are the women medical school faculty members : 5 things to know
Hospitals turning to physician practice acquisitions for growth: 5 key trends
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
