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!
I think any of u that voted for him dies chokin.on ur daddys dick… js
The devil had sex witv obamas mamma
cant even fine a dr. its all wont to bes, and there not much good
GEE WONDER WHY
The idiots keep putting the train back on the same tracks that derailed it.
It is a disgrace how the President has try to rule this country like a Dictator instead of a public servant.He goes in front of the U.N., and acts too,like he goes in front of the .U.N.,but does not like to talk or debate in Congress,one of the other three they runs this country of people,by the people and for the people not for the u.n.,nor the rest of the world,he needs to deal with our government instead of trying to rule the damn world like they really care,except maybe the Muslims he is in bed with,and at their beck and call..
Freaking idiot! Seems tables are turning huh fly boy! Lmao u are done! The sheep are awake muzzie;-)
It is exciting to hear about all the medical people who work hard to help those in need, and see the scam of the BOB PLAN. I hope more join them, and put an end to the complete fraud and disgraceful garbage of the BOB PLAN.
My cardiologist left his private practice for a position as chief of cardiology in another County! Tnx Obamacare!!
when you let a fool be in charge, this is what you get.