Posted on 03/21/2014 7:13:19 PM PDT by VitacoreVision
American Medical Association: ObamaCare Poses "Risk" for Doctors
20 March 2014
The American Medical Association (AMA), a key supporter of ObamaCare, is now realizing that a rule found in the healthcare law could hurt doctors. The rule ultimately leaves doctors with the costs for services they administer to their patients if the patients do not pay their premiums.
Fox News reports, At issue is a 90-day grace period which lets patients who are not paying their premiums keep coverage for 90 days before it can be canceled. Under the rule, insurers are responsible for paying any claims during the first month of that period but not necessarily for any claims during the final 60 days.
On Wednesday, the AMA warned that the rule could pose a significant financial risk for doctors and hospitals.
Managing risk is typically a role for insurers, but the grace period rule transfers two-thirds of that risk from the insurers to physicians and health care providers, said AMA President Ardis Dee Hoven.
Ironically, a few years ago, the American Medical Association had endorsed the new healthcare law, a fact that was touted by ObamaCare advocates at every opportunity. The Obama administration continually attempted to give the appearance that the medical community was in full support of ObamaCare, with President Obama even surrounding himself with doctors during a ceremony in the Rose Garden when he was campaigning for public support for his Affordable Care Act.
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I know neither my daughter or son in law are members, and like you, they also are not very fond of the organization.
Bump
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