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October 30, 2014

Doctors Decline ObamaCare Plans Because They Aren’t Worth It

About 214,000 doctors have opted out of providing health care to people who bought insurance through the “Affordable” Care Act’s health exchanges because of low pay. In some cases, doctors might not get paid at all. The reimbursement rates for ObamaCare are lower than those for Medicare – the rationale being that if doctors only worked harder and faster, they could make the same amount. And if patients don’t pay their premiums, doctors are left holding the bill. The American Action Forum, a DC think tank, writes, “Because of the pressure placed on insurance companies to keep the cost of exchange plans unrealistically low, providers are being reimbursed at financially unsustainable rates. This reduction in payment rates has caused many physicians and hospitals to decline to accept insurance plans issued through the exchanges, and thereby negating the intended effect of providing individuals with affordable care by virtue of eliminating their access to care.” Not only do the plans cost more, but the quality of service is much, much less. More…

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