Rich people fighting rich people while children suffer.
Here’s BARD’s take on it:
Aetna and Phoenix Children’s Hospital are fighting over contract negotiations. Aetna has stated that Phoenix Children’s is demanding unreasonable and excessive rate increases, which would raise costs for their Arizona families and employers. Phoenix Children’s, on the other hand, has said that they are simply asking for fair compensation for the high-quality care they provide.
The dispute has caused uncertainty for patients and families who rely on Phoenix Children’s for care. As of August 7, 2023, Phoenix Children’s is no longer an in-network provider for Aetna, meaning that patients will have to pay higher out-of-pocket costs for care received at the hospital.
It is unclear when or if the two sides will reach a new agreement. In the meantime, patients who have Aetna insurance should contact the hospital to learn more about their options for care.
In addition to the rate increases, Phoenix Children’s has also expressed concern about Aetna’s denial of claims for care that has been deemed medically necessary. The hospital says that this has caused financial hardship for many families.
Aetna has defended its position, saying that it is committed to providing quality, affordable care to its members. The company says that it is working hard to reach a new agreement with Phoenix Children’s that is fair to both parties.
The dispute between Aetna and Phoenix Children’s is a reminder of the challenges that can arise when hospitals and insurance companies negotiate contracts. It is important for patients to be aware of these issues and to contact their hospital or insurance company with any questions they may have.