Wednesday, March 09, 2016

Insurer Cuts Doctor Pay ... More to come

The move by insurer Highmark to reduce physician rates in health plans offered under the Affordable Care Act (ACA) to make up for massive losses has sparked anger, as well as worries that other insurers will follow suit.

Highmark, a Blue Cross and Blue Shield affiliate that operates in Pennsylvania, West Virginia, and Delaware, said it lost $221 million on its health plans in ACA marketplaces, or exchanges, in 2014, and that it expects to lose another $500 million in 2015 because enrollees have required more care than anticipated. That has caused the insurer to pay more in claims than it collected in premiums.


Another Obama fraud Trump will have to deal with.


Anonymous said...

I'd be delighted if our next president deals with Uhbama The Fraud.
Prove that and the rest falls.
Lt. Col. gen. Tailgunner dick

Anonymous said...

I wonder if they cut the $300,000 a year salaries that the administrators make? I did some tax work for a pediatric cardiovascular surgeon who bankrupted himself by giving a shit. Over one too many scotches he asked me where he wrong. I told him he should have focused on basketball instead of learning to fix a newborns heart valve. Who knew? -Anymouse

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