Tuesday, April 26, 2011

Why do some psychiatrists not accept health insurance?

My psychologist (my insurance doesn't cover psychologists so I have been paying out of pocket 100%) referred me to a psychiatrist so I can go on medication. I called to make an appointment and was advised they do not accept any insurance. The guy's initial intake fee is $375. Why don't they take insurance if they are a psychiatrist who prescribes medication?
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A lot of private practice doctors, especially specialists, don't take health insurance because if they run the practice themselves, it just becomes too much paperwork for them to deal with. I've heard complaints about how long it takes to receive payment and the hours spent on the phone with insurance companies. It's just not worth it to some doctors. Just because your doc prescribes medicine, he is not obligated to take insurance either. Also if you get prescribed something from an out of network doctor, you can still get your prescription filled under your health insurance plan, as long as you go to a pharmacy that takes your insurance.
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