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Obamacare plans have shrunk payments to physicians so much that some doctors say they won’t be able to afford to accept Obamacare coverage, NPR reports.
Many of the eight million sign-ups in Obamacare exchanges nationwide already face more limited choices for physicians and hospitals than those in the private insurance market. But with low physician reimbursement rates, the problem could get even worse. ....
Narrow networks have become a hallmark of many Obamacare exchange plans, as one of few options left to insurance companies that allows them to save money by lowering reimbursement rates and covering fewer providers. In the health-care law’s first year, 70 percent of all Obamacare plan networks were either narrow or ultra-narrow, according to an analysis from consulting firm McKinsey.
Obamacare plans have shrunk payments to physicians so much that some doctors say they won’t be able to afford to accept Obamacare coverage
Narrow networks have become a hallmark of many Obamacare exchange plans, as one of few options left to insurance companies that allows them to save money by lowering reimbursement rates and covering fewer providers.
For a typical quick visit like this, Gerard could get reimbursed $100 or more from a private insurer. For the same visit, Medicare pays less — about $80. And now, with the new private plans under the Affordable Care Act, Gerard says he would get something in between, but closer to the lower Medicare rates. That's not something he's willing to accept.
Sounds more like insurance companies are to blame, to me. Again. Like when they refused to cover people in the past because of "preexisting conditions."
originally posted by: xuenchen
a reply to: BritofTexas
Doesn't matter anymore.
What he is saying is, he is unwilling to work for just over $160 an hour.
originally posted by: BritofTexas
As Obamacare is ALL insurance policies, the Doctor is going to be twiddling his thumbs until a patient comes in with a Chicken.
But lets look at the Original Source for The Daily Callers article...
For a typical quick visit like this, Gerard could get reimbursed $100 or more from a private insurer. For the same visit, Medicare pays less — about $80. And now, with the new private plans under the Affordable Care Act, Gerard says he would get something in between, but closer to the lower Medicare rates. That's not something he's willing to accept.
A Doctor's Perspective On Obamacare Plans
How many of these "joint pain" patients does he see an hour? Let's say two, although obviously it could be more.
What he is saying is, he is unwilling to work for just over $160 an hour.
My heart bleeds.
originally posted by: BritofTexas
originally posted by: xuenchen
a reply to: BritofTexas
Doesn't matter anymore.
Then why start the thread?