Obamacare ripples have become tsunamis, that's why!
A new survey by the Medical Group Management Association reports that 214,524 out of a total number of 893,851 active professional physicians are refusing to participate in any plans under the Affordable Care Act (ACA -- aka Obamacare)
Look at that number again.... it is mindboggling. One out of every four doctors, 25% of active doctors are refusing Obamacare patients..... turning them away!
Why:? Here are a couple of the most obvious reasons.... Obamacare plans only pay 60¢ on the dollar of usual fees.... compared to 80¢ on the dollar paid by Medicare. Adding insult to injury - they are telling the doctors to make it up in volume..... this advice - to doctors that are already overwhelmed with patients.
And then there is the real DEAL KILLER! 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 the Currently, about a million people have failed to pay their premiums and had their plans canceled.
Bottom line, any doctor who gives up his soul to Obamacare not only risks the financial viability of his entire practice.
For more and one source of this item, click here. It's scary out there, folks.