Obamacare is responsible for the collapse of the entire medical system in America. Beginning last year, thousands of private physicians left their practices because of Obamacare. Many said it was due to the massive influx of paperwork. Others said that they would not be able to afford to stay in private practice because of the rules and regulations in Obamacare. Hundreds of other private physicians dropped Medicare and Medicaid patients, again, due to Obamacare.
In complete contradiction to the promise made by President Obama that every person would be able to keep their existing healthcare policy, over 16 million Americans are having their private policies cancelled. Some of the insurance companies have said that they will no longer offer certain policies. However, the vast majority of the policies being cancelled are because of the overtly strict grandfathering requirements contained in Obamacare. Those restrictions were purposely written to exclude nearly 85% of existing private healthcare policies.
Obamacare was supposed to provide affordable healthcare to every person in the country, but the truth is that millions of Americans are losing their employer provided and private policies. Employers are dropping workers’ hours from 40 hours per week to less than 30 hours, a 25% cut in wages. That large of a cut in income makes it even harder for these workers to afford to purchase healthcare policies on their own.
Now we hear that a number of top hospitals in the country will only accept a few of the many policies available under Obamacare. Why may you ask? Under the Obamacare exchange programs, hospitals and doctors will be paid less for their services. Many of the cheaper or more affordable policies offered through state exchanges are the ones being rejected by the hospitals.
An example of what is happening can be found with Concord Hospital in Concord, New Hampshire. The hospital is accepting no healthcare policies from the state exchange program. Any residents using hospital doctors, specialists, primary care visits or any of the hospitals facilities including the emergency room, will find themselves paying out-of-pocket because they used an out-of-network hospital. If they want to use an in network provider, they will have to travel to the next nearest hospital which is located in Manchester, about 25 miles away. Concord Hospital is the second busiest acute care hospital in all of New Hampshire. The hospital says that they were unwilling to negotiate contracts with the state’s exchange programs because it would force them to accept payments that are less than the cost of providing care. The bottom line is that they would lose money by accepting the state exchange programs.
Gail Wilensky, Senior Fellow for Project HOPE and a Medicare adviser for President George H.W. Bush’s administration commented on the report saying:
“This doesn’t surprise me. There has been an incredible amount of focus on the premium cost and subsidy, and precious little focus on what you get for your money.”
“Many companies have selectively entered the exchanges because they are concerned that (the exchanges) will be dominated by risky, high-using populations who wanted insurance (before Obamacare) and couldn’t afford it.”
Josh Archambault, Senior Fellow with the Foundation for Government Accountability says that many consumers have no idea of what they are really getting when purchasing their healthcare plans through the exchange programs, saying:
“In many cases, consumers are shopping blind when it comes to what doctors and hospitals are included in their Obamacare-exchange plans. These patients will be in for a rude awakening once they need care and get stuck with a big bill for going out-of-network without realizing it.”