Thursday, April 24, 2014

Nonpayment of ObamaCare premiums could cost doctors

Fox News reports:
While the debate continues over how many ObamaCare enrollees are actually paying their premiums, one aspect of the law temporarily rewards those who actually stop paying – and doctors may wind up bearing the cost.

“This law provides a 90-day grace period for people who have subsidized ObamaCare exchange plans and stopped paying their premium," said Betsy McCaughey, health care author and former New York lieutenant governor.

But the insurance companies are only obligated to cover the first 30 days of the 90-day grace period

"You're still entitled to care for another 60 days," said John Goodman of the National Center for Policy Analysis. "The insurance company doesn't pay, you don't pay, who pays? Well, the doctors and the hospitals have to eat it. That's a very strange feature of this new health reform."
The great moments of ObamaCare.