Good news, right? Not really. According to The Wall Street Journal, Obamacares costs fell, because insurance companies, working to cut their own costs, have redesigned plans to offer fewer physician options (narrower networks) and lower reimbursement rates. That means, essentially, that patients buying insurance through an Obamacare exchange will get fewer doctor choices in two ways: a) by design of the plan; and b) because more doctors will drop out of networks altogether because of rotten reimbursement schemes. The thing is, just because President Obama and Democrats proclaimed in a law that Americans will get more and better health insurance coverage and healthcare doesnt make it so. The market, as it has always done, will decide that. Finally, if it is anything at all, Obamacare is another massive taxpayer-subsidized government benefit promise that is
Posted on: Tue, 24 Jun 2014 18:38:33 +0000