More than
700,000 Kentuckians receive insurance through Medicaid. The Physicians'
Network, a group of 550 independent physicians in Central
Kentucky , has announced plans to cut its ties with Medicaid
provider Coventry Cares of Kentucky. Dr. Ralph Alvarado, president of the
network, says Coventry had told the group that it would begin to pay less than
the established Medicaid rate in reimbursements, as much as 10 percent less for
care from specialists. Alvarado says doctors now taking Medicaid are making a
slim profit at best. Coventry
says the decision would not take effect until March 7th, and it remains
committed to continuing negotiations and trying to find common ground