Obamacare Doctor Choices Narrow As Insurers Make More Money [Forbes]
Anthem, Inc. (ANTM)
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Source: Forbes
A demonstrator in support of the Affordable Care Act (ACA), holds up a ACA is Here to Stay sign after the U.S. Supreme Court ruled 6-3 to save Obamacare tax subsidies outside the Supreme Court in Washington, D.C., U.S., on Thursday, June 25, 2015. Photographer: Andrew Harrer/Bloomberg © 2015 Bloomberg Finance LP © 2015 Bloomberg Finance LP Even though there are more health plan choices for consumers selecting Obamacare, insurers continue to limit physician choices via narrow networks. The trend of health insurers narrowing medical provider networks to boost profits and more closely monitor doctor quality has escalated for insurers selling coverage under the Affordable Care Act for the 2019 health benefit year. This strategy comes even as health insurers jacked up premiums and made more money to fund expansion into new markets. Nearly three-quarters, or 72% of health plans in the ACA’s exchange market have narrow networks , which restrict doctor and hospi
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