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ObamaCare robs Medicare americanthinker.com/blog/2019/04/o…
A new Rand study found that with ObamaCare robbing Medicare of $716 billion, payments to primary care doctors plunged to just 3.5 percent of total program spending.
Congressional Budget Office estimated after ObamaCare passed in 2010 that over a 10-year period beginning in 2013, the law would take $716 billion from Medicare to subsidize ObamaCare exchange premiums and its broad expansion of Medicaid.
Primary care doctors “opting-out” of Medicare hit triple digits for the first time in 2010, with 130 leaving. The number spiked to over 1,600 in 2013; more than doubled to over 3,500 in 2015; and more than doubled again to 7,400 in 2016, according to data released by the CMS.
The most clever “bait and switch aspect of ObamaCare was giving Medicare Primary care doctors a 10% percent annual “bonus” in the four years from 2011 to 2015.
ObamaCare also raised Medicaid Primary care reimbursement rates to the same level as Medicare for 2013 and 2014 to encourage supposedly accepting ObamaCare patients.
There are no good statistics regarding how many primary care doctors are dumping Medicare patients, but 21% of primary care doctors were no longer accepting new Medicare patients by 2015.
The CMS saw a sharp decrease in the number of providers opting out of Medicare in 2017, after several years where thousands indicated that they did not want to participate in the program.
The Trump administration has been moving aggressively to focus more Medicare reimbursement toward primary care. As a result, the number of doctor “opt-outs” slowed to 3,732 in 2017, according to the latest CMS data.
