Title: Why psychiatrists don't take insurance
Headings: Why psychiatrists don’t take insurance
Why psychiatrists don’t take insurance
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Content: Medicare has it’s 1.5% fee cuts for doctors who don’t e-prescribe. They have incentives to get doctors to figure out meaningful use. There are fee cuts if PQRS codes are not done. They still take paper claims, but will likely soon require electronic submissions. Every segment of these mandates requires a large investment of time and often money. Really? Click on the meaningful use link I provided and try to read the entire page. Here it’s hard to figure out where the hoops are, much less how to jump through them. So why does any psychiatrist accept insurance? Some doctors don’t get enough referrals without participating, some are simply afraid they won’t so they don’t drop out of networks, others practice in areas where people simply can’t afford to take insurance.