Insurers Cut Doctor Fees, Restricting Networks Under Obamacare

Healthcare insurers are cutting the fees they pay to doctors on many of the new plans offered through the Obamacare exchanges, which could cause more medical practices to shun those marketplaces.

United Health Group, for example, sent physicians in New York City new contracts this month that included much lower rates than doctors normally get from private insurance, reports The Wall Street Journal, which obtained confidential documents.

"We have heard from a lot of physicians the rates [insurers] are offering them are very low, and physicians are questioning whether they are going to participate," Sam Unterricht, a Brooklyn ophthalmologist and president of the Medical Society of the State of New York, told the newspaper.

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