The continuing ugly ripples of Obamacare.
Because Medicare Advantage will now no longer pay to keep good doctors, not only will patients be losing the doctors that many have had for years (thousands already hit), but because compensation to doctors is cut, the number of competent doctors will be in short supply.
Stealing from Medicare Advantage to pay for Obamacare…the doctors AND insurers should be suing Obama.
Via NY Post:
WASHINGTON — A group of New York doctors is suing insurance giant UnitedHealthcare, charging that it booted doctors from its network to avoid cost hikes imposed by ObamaCare.The company’s decision to kick more than 2,000 docs from its Medicare Advantage network threatens to harm elderly and disabled patients, according to the filing in Brooklyn federal court.“By terminating numerous physicians from the . . . network, United seeks to stem financial losses occasioned by reduced federal payments under the Affordable Care Act,” the suit launched by the Medical Society of the State of New York claims.“This, of course, comes at the expense of physicians,” the suit continues, arguing that the company violated doctors’ contracts by failing to give sufficient notice, among other things.
Thank You NY Post, Weaselzippers, and Nickarama.