Connect Archives

November 2016

Thursday, November 17, 2016

HUMANA FL MEDICAID VACCINE CODING CLARIFICATION LETTER

Guidelines on how physicians and other health care professionals should bill for the vaccine administration and vaccines have been updated.

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FLORIDA WORKERS’ COMP RATES GOING UP NEARLY 15%

It is official: The Florida Office of Insurance Regulations (OIR) has issued its final order approving the National Council on Compensation Insurance (NCCI) request to increase rates on a statewide average of 14.5%. This was less than the 19.6% increase the NCCI requested. The final order was approved on October 4, 2016 and becomes effective December 1, 2016.

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HFNI WORKERS COMPENSATION INSURANCE PROGRAM

Did you receive money back on your Workers’ Comp Premium last year? Now you are eligible through the Health First Network Workers’ Compensation Program.

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WELLCARE FLU VACCINE INCENTIVE PROGRAM

To ensure that WellCare Medicare members receive important medical services by the end of 2016, WellCare of Florida is offering additional reimbursement to providers who submit detailed claims or encounters related to the following Centers for Medicare & Medicaid Services (CMS) Star measure at the time of each visit:
• Annual Flu Vaccine

WellCare is offering an Enhanced Payment of $20 per code for select codes (including CPT Category II codes) with dates of service between October 1, 2016 and December 31, 2016. Only physicians who submit on a CMS-1500 (paper form) or an electronic 837P form are eligible for this Enhanced Payment.

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EARN BONUS PAYMENTS FOR STARS ADHERENCE MEASURES

WellCare has increased the bonus incentive to providers who use RxEffect® to identify and take action for Star Ratings medication therapy areas: Blood Pressure, Cholesterol and Diabetes.

Now earn $100 per qualifying member therapy between October 1, 2016 and December 31, 2016. Find out more about the incentive program.

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HFNI PROFESSIONAL LIABILITY INSURANCE PROGRAM. REAL SAVINGS FOR MEMBERS.

Health First Network, Inc. (HFNI) has formed the HFNI Professional Liability Insurance Program, a program designed to enhance the professional liability coverage of our members with available discounts of up to 50% for qualified members.

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Pain Relief for Next April 15th: Four Tax-Saving Ideas You Can Do Now

Do you realize that, after the tax increases of recent years — between income, capital gains, Medicare, self-employment and other taxes — you likely spend between 45 to 55 percent of your working hours laboring for the IRS and your state? That is a lot of time with patients for someone else’s benefit. Given this, shouldn’t your advisors be giving you creative ways to legally reduce your tax liabilities? How many tax-reducing ideas does your CPA regularly provide you? If you are like most physicians, you get very few tax planning ideas from your advisors.

Given these sobering facts, the purpose of this article is to show you four ways to potentially save and possibly motivate you to investigate these planning concepts early in the year when you can best take advantage of them.

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FEATURED ADVISOR

Christopher W. Banner
President, Banner Financial Alliance

Chris Banner develops financial plans and health care strategies designed to address the unique circumstances of our country’s growing mature population and their adult children. His educational and no pressure approach has granted him the opportunity to work with individuals in the area of Medicare as well as expand his practice to include retirement planning, long-term care alternatives and asset protection strategies.

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FEATURED PARTNER

The MedFox Group: Your Partner in Ancillary Program Integration

MedFOX matches your medical practice with the right ancillary provider for optimized patient outcomes. Each ancillary provider undergoes a thorough assessment, site visit, and ongoing reviews to ensure a superior level of service and compliance with the ever changing healthcare landscape.

Contact MedFox to receive your FREE Practice Analysis, exclusive to HFNI Providers, to determine which programs best fit your patient mix. Call 540.904.9136

Schedule Your Complimentary Member Benefit Review Today!

Learn what Deep Discounts, Exclusive Services and more that you are already entitled to use in your practice!

From discounted EMR and Billing Services to a Free Legal Review of your Employee Handbook, we'll discuss your immediate needs and bring you the best in vendor savings that you are already entitled to.

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