When starting a concierge medical practice, one important question to ask is whether your practice will be accepting private insurance, which involves providing services to patients that are insured under private health insurance plans. However, accepting private insurance as part of your concierge practice carries legal risks. This blog covers an important consideration that providers should consider before starting a concierge medical practice that accepts private insurance. If you need assistance setting up a concierge medical practice or would like to discuss this blog post, you may contact our healthcare law firm at (404) 685-1662 (Atlanta) or (706) 722-7886 (Augusta), or by email, info@littlehealthlaw.com. You may also learn more about our law firm by visiting www.littlehealthlaw.com.
It Is Important to Review Your Participating Provider Agreements with Health Insurance Plans to See if They Allow Their Providers to Start Concierge Medicine Practices.
Before providers opt into networks with health insurance plans, they sign participating provider agreements with them to provide certain healthcare services to insured patients. These contracts contain various conditions and obligations, and some contracts have conditions about concierge medicine. Other health insurance plans, however, do not have a stance on concierge medicine. These conditions may require providers not to include covered services as part of their concierge membership fees, which could result in double billing, or not to restrict certain services or amenities to insured patients. Failure to comply with these conditions may cause a provider to breach a participating provider contract with a health insurance plan, which could result in termination of the participating provider agreement. You should review all the contracts you have with your health insurance plans to determine whether they have any restrictions about concierge medicine and what services can be offered and charged to patients that are insured by a health insurance plan.
If you need assistance setting up a concierge medical practice that accepts private insurance or would like to discuss this blog post, you may contact our healthcare law firm at (404) 685-1662 (Atlanta) or (706) 722-7886 (Augusta), or by email, info@littlehealthlaw.com. You may also learn more about our law firm by visiting www.littlehealthlaw.com.
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