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Cover image of Health Plans Unmasked
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Health Plans Unmasked

A Physician's Guide to Working with Health Insurers

Martin Lustick, MD

Publication Date
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An insightful overview of health insurers and a guide to sustainability for provider organizations.

Physicians experience ongoing frustrations in their relationships with health plans. Even as they struggle to keep up with accelerating clinical advances, they face daunting challenges from payers that are transitioning from traditional fee-for-service contracts to complex alternative payment models. In Health Plans Unmasked, Martin Lustick, MD, offers insights and guidance for those who face the herculean task of transforming their business practices to achieve financial stability while...

An insightful overview of health insurers and a guide to sustainability for provider organizations.

Physicians experience ongoing frustrations in their relationships with health plans. Even as they struggle to keep up with accelerating clinical advances, they face daunting challenges from payers that are transitioning from traditional fee-for-service contracts to complex alternative payment models. In Health Plans Unmasked, Martin Lustick, MD, offers insights and guidance for those who face the herculean task of transforming their business practices to achieve financial stability while improving outcomes for their patients.

By explaining both how and why insurance companies behave the way they do, Dr. Lustick helps providers avoid mistakes and take advantage of opportunities for success. He provides information on:
• The evolution of health care financing in the United States
• The nuts and bolts of health plan capabilities and the real motives of health plan administrators
• Tips for successful contracting strategies
• Alternative payment models and the promises of value-based care

With a career spanning five decades as a practicing pediatrician, chief operating officer of a medical group, chief medical officer of a hospital, and chief medical officer of a health plan, Dr. Lustick provides a straightforward guide to sustainability for provider organizations. Physicians, office managers, and anyone in a health-related field will benefit from his breaking down the role of health plans in our health care ecosystem.

Reviews

Reviews

Dr Lustick's ability to simplify the seemingly complex and frequently misunderstood inner workings of health insurance makes Health Plans Unmasked a must-read for clinicians, administrators, and insurance industry employees. Deeper understanding of how insurance works is key to driving more efficient multi-stakeholder negotiations/collaborations. If you work in or with health care systems, read this book!

In Health Plans Unmasked Dr. Lustick provides a rare, unbiased view into the workings of the American health insurance industry. It is an essential read for anyone working to reform and improve our health system. After all, you cannot fix that which you do not understand.

A significant work that puts the payment issues for health care in a balanced historical/current context. If you want one book to help you understand payer/provider roles, this is it. Fair and clearly written, this book will be required reading for our residents.

About

Book Details

Publication Date
Status
Available
Trim Size
5.5
x
8.5
Pages
176
ISBN
9781421446769
Table of Contents

Foreword
Acknowledgments
Section 1: The Basics
1. Historical Context
2. What is a Health Plan?
3. Medicare
4. Medicaid
5. Commercial Insurance
6. Brokers and Consultants
Section 2: Reimbursement Basics
7. The

Foreword
Acknowledgments
Section 1: The Basics
1. Historical Context
2. What is a Health Plan?
3. Medicare
4. Medicaid
5. Commercial Insurance
6. Brokers and Consultants
Section 2: Reimbursement Basics
7. The ABCs of Fee for Service
8. What Happens to a Claim?
9. Payment Errors
10. Health Plan Strategic Concerns
11. Analytics
12. Cost Management Strategies
13. Quality
14. Care Management
15. Health Plan Committees
Section 3: Contracting
16. Health Plan Contracting 101
17. Value-Based Budgeting
18. Incentive Payments
19. Risk Mitigation
Section 4: Opportunities and Obstacles in Value-Based Care
20. Price Transparency
21. Subrogation
22. Pharmacy Benefit Management
23. On Becoming a Payvider
Section 5: A Shifting Paradigm
24. Closing Thoughts
Glossary of Acronyms
Index

Author Bio
Martin Lustick, MD
Featured Contributor

Martin Lustick, MD

Martin Lustick, MD (CANANDAIGUA, NY), is a pediatrician. His career in medicine includes 20 years in clinical practice and leadership roles in a large physician group, a hospital, a nonprofit health plan, and a health care software company.