Popular Scripps Health groups leave Medicare Advantage, impacting 32,000 patients.

Date:

Scripps Health has announced that its popular clinic and coastal medical groups will no longer be participating in Medicare Advantage plans starting from January 1, 2024. This decision is estimated to impact approximately 32,000 San Diego County seniors who are enrolled in various plans from organizations such as SCAN, Anthem, Alignment, and Blue Shield, among others. The move was confirmed by Scripps’ CEO, Chris Van Gorder, who stated that it is not a negotiation tactic. Traditionally, Scripps Coastal and Scripps Clinic have been the most sought-after provider networks within the organization.

Many patients are already beginning to explore alternative options in response to the announcement. Roc Rogers, who has been a SCAN plan holder with a Scripps doctor since 2018, is considering switching to original Medicare with the help of supplemental health insurance. However, this would likely come at an additional cost of nearly $300 per month. Despite the potential financial burden, Rogers values the high-quality care received at Scripps and wishes to stay with the provider. On the other hand, some patients, like Dave Averett, are less concerned about remaining with Scripps due to their dissatisfaction with the provider’s services.

Scripps’ decision to withdraw from Medicare Advantage plans is a result of financial challenges. The organization has been operating at negative margins, experiencing increased labor and supply costs, which have impacted medical providers nationwide. Pulling out of Medicare Advantage will save Scripps from sustaining a projected operating loss but might potentially affect its bond rating. The organization needs to maintain its cash reserves for future borrowing to fund crucial projects, such as repairing and replacing medical campuses and making seismic improvements mandated by state law. As patients now face the task of finding new doctors during the upcoming Medicare open enrollment period, Scripps has established a hotline to assist them in exploring alternative options.

Source link

DMN8 Partners
DMN8 Partnershttps://salvonow.com/
DMN8 Partners utilizes a strategy of Cross Channel marketing including local search engine optimization, PPC, messaging and hyper-targeted audiences allow our clients to experience results and ROI that fuel growth and expansion in their operations. There are a lot of digital marketing options across the country but partnering with an agency that understands multiple touches on multiple platforms allows your company’s message to be seen at the perfect time, on the perfect platform, by your perfect prospect. DMN8 Partners has had years of experience growing businesses. Start growing your business today and begin DOMINATE-ing your market.

More like this
Related

MyPillow Founder’s Lawyer Filed AI Brief with Almost 30 False Citations

The CEO of MyPillow, Mike Lindell, is facing multiple...

Bessent Uncertain if Trump Communicated with China’s President

U.S. Treasury Secretary Scott Bessent stated on Sunday that...

Apple Continues Development on Smart Glasses

Apple's augmented reality glasses may be discontinued or temporarily...

History Hints Dogecoin May Surge: Is It Time to Invest?

Dogecoin's price currently appears to be near a low...