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Anyone heard of this? Insane much?
WASHINGTON, Dec. 1, 2015 /PRNewswire-USNewswire/ -- The federal government last week issued a new regulation that allows health insurance companies to pay doctors in emergency departments essentially whatever they like, opening the door to the possibility of reimbursements that do not even cover the costs of care. The American College of Emergency Physicians (ACEP) expressed astonishment at the ruling, given the feedback emergency physicians have given to CMS over several years, as well as the timing. Dr. Jay Kaplan, president of ACEP, said that the organization was considering legal action.
"This new ruling will significantly benefit health insurance companies at the expense of physicians, because they know hospital emergency departments have a federal mandate to care for everyone, regardless of ability to pay," said Dr. Jay Kaplan. "They will continue to shift costs onto patients and medical providers, as well as shrink the number of doctors available in plans. Instead of requiring health plans to pay fairly, this ruling guarantees that insurance companies can pay whatever they want for emergency care. If history tells us anything it's that insurance companies prefer to pay as close to nothing as possible, while building their war chest for profits and litigation."
http://www.prnewswire.com/news-rele...ency-care-under-new-regulation-300185619.html
WASHINGTON, Dec. 1, 2015 /PRNewswire-USNewswire/ -- The federal government last week issued a new regulation that allows health insurance companies to pay doctors in emergency departments essentially whatever they like, opening the door to the possibility of reimbursements that do not even cover the costs of care. The American College of Emergency Physicians (ACEP) expressed astonishment at the ruling, given the feedback emergency physicians have given to CMS over several years, as well as the timing. Dr. Jay Kaplan, president of ACEP, said that the organization was considering legal action.
"This new ruling will significantly benefit health insurance companies at the expense of physicians, because they know hospital emergency departments have a federal mandate to care for everyone, regardless of ability to pay," said Dr. Jay Kaplan. "They will continue to shift costs onto patients and medical providers, as well as shrink the number of doctors available in plans. Instead of requiring health plans to pay fairly, this ruling guarantees that insurance companies can pay whatever they want for emergency care. If history tells us anything it's that insurance companies prefer to pay as close to nothing as possible, while building their war chest for profits and litigation."
http://www.prnewswire.com/news-rele...ency-care-under-new-regulation-300185619.html
