Ramifications of Participation Contract

Ramifications of Participation Contracts

Kimberly Harlan

HCR/230

11-17-11

Ramifications of Participation Contracts

A participation contract is a document that is sign by a doctor or a medical professional and an insurance company. This contract states that he/she can practice medicine and do procedures and that the insurance company will cover the bills and expenses even if something should go wrong. Each party is responsible for carrying out their responsibility of the contract and making sure that their part is done.

Should a doctor be chosen as a provider then it is good to have these contracts because they can benefit from them. It means they can practice medicine without the fear of something going wrong economically because the insurance company will pay the bills. I think that as a patient by knowing that the doctor has insurance that they will most likely choose them as their doctor.

One of the positive ramifications of discounted fee-for-service is that doctors are paid to provide you with medical treatment. By being paid they are allowed to offer you treatment as to where if they were paid a monthly they wouldn’t. I think in my own opinion that I would rather have a doctor that could treat me properly as to someone that had to treat me with what he is paid to.

One of the negative ramifications of discounted fee-for-service is that a doctor may treat you for the type of health issue as long as they are boosting their intake of patients. This can lead to a lot of wrong treatments but as long as there treating you they still get paid.

I think that it has it’s positives and it’s negatives but in my opinion I would rather have the honesty and the truth above all.