Sunday, April 21, 2019

ObamaCare robs Medicare

A new Rand study found that with ObamaCare robbing Medicare of $716 billion, payments to primary care doctors plunged to just 3.5 percent of total program spending.

Congressional Budget Office estimated after ObamaCare passed in 2010 that over a 10-year period beginning in 2013, the law would take $716 billion from Medicare to subsidize ObamaCare exchange premiums and its broad expansion of Medicaid.

"The most clever"bait and switch aspect of ObamaCare was giving Medicare Primary care doctors a 10% percent annual "Bonus" in the four years from 2011 to 2015.

ObamaCare also raised Medicaid Primary care reimbursement rates to the same level as Medicare for 2013 and 2014 to encourage supposedly accepting ObamaCare patients.

The commercial insurance companies, such as WellPoint, that contracted with ObamaCare and Medicare Primary doctors for up to a 50 percent extra award for generating patient "Nonvisits" by primary and specialty issues on the phone.

According to a report by the Massachusetts Medical Society's 'Recruiting Physicians Today,' "Physicians who have a lot of elderly Medicare patients may want to change their payer mix." The report clearly suggested that by dumping or restricting new Medicare patient participation, Primary care doctors could dramatically expand compensation by contracting to accept ObamaCare "Younger patients, who need fewer healthcare services than older patients."

There are no good statistics regarding how many primary care doctors are dumping Medicare patients, but 21% of primary care doctors were no longer accepting new Medicare patients by 2015.

https://www.americanthinker.com/blog/2019/04/obamacare_robs_medicare_.html

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