As a physical therapist for more than 38 years, I am fed up with our health care system. The field has systematically reduced reimbursement for services. Compensation is now less than in the 1980s and continues to decline.
In the 1980s, a new evaluation for physical therapy was reimbursed at about $125 by the insurance company. Now, we are often reimbursed only $75.
What’s more, insurance companies continue to raise their premiums and demand more documentation for reimbursement. To compensate, health care providers must try to treat more patients, which creates more paperwork.
Insurance companies usually pay providers 30 days after we submit documentation, but payment could take an additional 60 to 90 days for reprocessing if there is even one simple error.
This makes it difficult for professionals to give the quality and compassion each patient deserves.