Saturday, December 14, 2013

Obamacare Patients To Cost Doctors And Hospitals Millions

Yet another calculated ObamaCare assault on healthcare providers has been ferreted out of the 2700 impenetrable pages (plus revisions) of Barack Obama’s signature achievement.

Doctors and hospitals nationwide can already expect to be paid a pittance for their services to ObamaCare patients. And now, yet another financial blow to providers has been discovered.

“The Affordable Care Act (ObamaCare) created a 90-day grace period before insurers can drop policy holders who fall behind on premiums. So, delinquents who obtain tax-subsidized health insurance through an Obamacare health insurance exchange have three months to settle up their bills prior to their policy being canceled.” (1)

In short, if you are among the ObamaCare enrollees who receive a subsidy from the Federal Government, you are awarded a 90 day grace period before your insurance company can cancel your policy for non-payment. It’s a rule that applies to anyone who secures their subsidized coverage through an ObamaCare exchange.

This provision, as originally written into the Affordable Care Act, would have forced insurance companies to pay 90 days worth of claims to doctors, hospitals, and other healthcare providers, even though their insureds had not paid a penny toward their policy premiums during that period. Needless to say, insurance companies were not about to swallow such a bitter pill. And Barack NEEDS the support of insurance providers if ObamaCare is to have any chance of survival.


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