A new survey conducted by the Medical Group Management Association shows that a staggering 214,000 doctors won’t participate in Obamacare.
There are 893,851 active doctors in the United States according to the Kaiser Family Foundation.
So almost a quarter of all doctors won’t be in the ACA. In California it’s an estimated 70%.
Here are some of the reasons why:
1. Reimbursements under Obamacare are at bottom-dollar – they are even lower than Medicare reimbursements, which are already significantly below market rates. “It is estimated that where private plans pay $1.00 for a service, Medicare pays $0.80, and ACA exchange plans are now paying about $0.60,” a study by the think-tank American Action Forum finds. “For example, Covered California plans are setting their plan fee schedules in line with that of Medi-Cal-California’s Medicaid Program-which means exchange plans are cutting provider reimbursement by up to 40 percent.”
2. Doctors are expected to take on more patients to make up for the lost revenue, but that’s not happening, because primary care doctors already have more patients than they can handle. “Furthermore, physicians are worried that exchange plan patients will be sicker than the average patient because they may have been without insurance for extended periods of time, and therefore will require more of the PCPs time at lower pay,” says the study.
The study also points to two reasons that doctors might not get paid at all:
3. An MGMA study indicates that 75% of ACA patients that had seen doctors had chosen plans with high deductibles. Given that most of the patients are low-income, doctors are concerned that the patients cannot meet the deductibles and they will get stuck with the bill.
4. HHS requires that insurers cover customers for an additional 90 days after they have stopped paying their premiums: the insurer covers the first 30 – but, it’s up to the doctor to recoup payment for the last 60 days. This is thenumber one reason providers are opting to not participate in the exchange plans. Currently, about a million people have failed to pay their premiums and had their plans canceled.
So, Obamacare is asking doctors to take on sicker patients for less money, with the risk of not getting paid at all? No wonder doctors are running from these plans!
f*** Ovomitcare…get rid of it
HMMMM This is my Marge Simpson GROWL; from the TV Show “The
The whole country needs to !!!!
We have not even begun to see the disaster that is coming after 2016 if we do not fix Obamacare. It’s designed to where most of the pain won’t hit until after Obama leaves office. And it will, possibly by design, destroy the private health insurance market, as no doctors will take the plans. It is going to make the housing bubble in 2008 look like small potatoes compared to what this could lead to. Once the private market fails, the people will demand the government step in in fix it. Bam. Goal accomplished.
It’s probably too late. The die may be cast already.
Welcome to Obamacide
http://www.youtube.com/watch?v=Kvg8qVKZYuM
The pain we are all going to go through, just remember, to Obama, the ends justify the means. He only is hurting us because he has so much love in his heart, and in the long run, he knows things will be better.
TO Obama, Obamacare is just a transition to what is coming. Single payer healthcare system.
we pay up the ass for health care and we rank around 35 in the world what does that tell you, we are screwed.