Termination date is for a year from now...until February 2009. BD
Saint Luke's Health System said Thursday that it intends to terminate its network provider contract with UnitedHealthcare on its Feb. 28, 2009, termination date because the insurers' reimbursement rates are too low.
The termination would include UnitedHealthcare's commercial HMO, PPO and point of service provider networks. Patients covered by UnitedHealthcare represent 5.9 percent of the 11-hospital system's total reimbursement from all patients and 12.9 percent of its reimbursement from managed-care payers.