Dec 23, 2008 1:25 pm US/Eastern
Practice Reverses Plans For Retainer-Style Care
COLUMBIA, Md. (AP) ―
A Howard County medical office has reversed plans to stop accepting insurance and move to a retainer-style practice, also known as concierge medicine.
In October, the Charter Internal Medicine in Columbia announced plans to cut the number of patients and stop accepting private insurance and Medicare, moving to a model where patients would pay $2,000 a year for care.
Some officials had expressed concern that the move by the primary care medical office with 9,000 patients would leave thousands without a doctor. On Friday, the Maryland Insurance Administration held a hearing on whether such operations should be considered insurance carriers.
In a letter posted on its Web site, Charter says it will not make the change until the state government makes it clear whether it would be subject to additional regulation.
(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
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