Health

Fewer Physicians, Hospitals May Accept Obamacare Plans In Future

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Some doctors and medical care experts are worried that individuals with Obamacare may begin to see fewer options for quality health care if more and more doctors stop accepting the plan.

Low reimbursement rates for doctors is causing some doctors to say that they can no longer afford to accept Obamacare coverage, according to NPR  and the Daily Caller.

About eight million people on Obamacare reportedly have fewer options than those with private health insurance when it comes to physicians and hospitals that will accept them.

But some people are starting to worry that the narrow network problem with Obamacare will leave people on the plan in a bad situation if the trend continues.

If physicians continue to see low reimbursement rates and are financially struggling, more and more will begin refusing the plan.

In an NPR interview, Dr. Doug Gerard from Connecticut said that a private insurance agency would reimburse a physician $100 while Medicare and Obamacare would pay around $80. For Gerard, the lower rate would eventually cause his practice to go under he said.

“I cannot accept a plan (in which) potentially commercial-type reimbursement rates were now going to be reimbursed at Medicare rates,” Gerard said.  ”You have to maintain a certain mix in private practice between the low reimbursers and the high reimbursers to be able to keep the lights on.”

Gerard said he thinks more physicians will start to recognize and feel the effects of the lower rates they are accepting with Obamacare.

“I don’t think most physicians know what they’re being reimbursed,” Gerard said. “Only when they start seeing some of those rates come through will they realize how low the rates are they agreed to.”

Connecticut Obamacare chief Kevin Counihan told NPR that the administration, and carriers, are trying to stop this dangerous trend.

“I think it could lead potentially to this kind of distinction that there are these different tiers of quality of care,” Counihan said.

Source: NPR, Daily Caller, Image Credit: businessinsider.com

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