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!
More doctors should withdraw from the program.
Idk, Obummer has 2 years yet.
I would estimate about 100 patients per smaller medical practice with one doctor and a second learning younger co-doctor as usual. That would mean approximately there could be a coverage of about 3 to 6 millions of doctors across the USA nationwide. And here in Gemany (not sure as to whether in entire Europe) there surely I would suspect about 50% dangerous “Dropouts” to put it mildly. So hence could these 214000 doctors simply be the ones that would fear the strict examnining by the FDA to qualify for being paid by the government basically directly or indirectly because they are a bit weaker on their up-to-date knowledge and proficiency. New FDA doctors in analogy to FAA doctors ???
good!
ty Obama for screwing things up as only you could!
Even if he caused the biggest train wreck in history, he’d still manage to hop on the manual rail car, and continue on down the tracks to destroy, screw up, everything he could in sight. You’ve heard of the guy that everything he touched turned to gold huh? Well, read between the lines about everything Obama touches……
Complete failure, he needs to go.
loser scum.
Texas Medicare Plan G says:
“An outstanding share! I’ve just forwarded this onto a colleague who was conducting a little research on this.
And he in fact bought me dinner simply because I discovered it for him…
lol. So let me reword this…. Thanks for the meal!!
But yeah, thanks for spending some time to talk about this topic here on your internet site.”
From: http://www.truthandaction.org/214000-doctors-opt-obamacare/comment-page-4/#comment-738563
An outstanding share! I’ve just forwarded this onto a colleague who was conducting a little research on this.
And he in fact bought me dinner simply because I discovered it for him…
lol. So let me reword this…. Thanks for the meal!!
But yeah, thanks for spending some time to talk about this topic here on your internet site.