Second Look

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BCBS settles suit; claims must be filed by Oct. 19
October 19 is the deadline for physicians to file claims as part of the settlement of a class action suit against Blue Cross Blue Shield Association (BCBS). BCBS has agreed to distribute more than $131 million to eligible physicians who provided services to any patient covered by the insurer between May 22, 1999, and May 31, 2007. Notices about the settlement and claim forms were mailed to physicians on July 27. If you think you may be eligible and have not yet received a notice, visit:

Physician compensation not keeping pace with inflation; groups losing money
According to a Medical Group Management Association survey, the median compensation for specialists rose just 1.7 percent during 2006, while compensation for primary care physicians rose 2 percent and inflation rose 3.2 percent during the same span. “Physician Compensation and Production Survey: 2007” also states that, in 2006, specialists reported increases in production (gross charges) of 2.3 percent overall, and primary care physicians reported a 3.7 percent increase. Overall, compensation for 60 percent of polled specialties failed to keep up with inflation in 2006.

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