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Saturday, December 07, 2013

Obamacare Dumps Unpaid Bills On Providers

Payment grace period opens the system to fraud.

‘Uh-oh.” That’s the sound being uttered in doctors’ offices and hospitals across the country as medical providers realize they’re getting stuck with another bottomless Obamacare bill. While the White House desperately tries to pivot from the havoc wrought by the Affordable Care Act, its hidden regulatory bombs keep exploding.

I heard about the latest problem this week from an eye-doctor friend who received a letter from a Colorado-based insurer informing her that she’s essentially on the hook for Obamacare’s payment grace period for debtors. The optometrist is bracing for a flood of similar letters from other insurers. Like countless other independent providers, she’s extremely concerned about the potential liability, uncertainty, and fraud the rule imposes on her business.

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