Obamacare didn’t just create a consumer market for health insurance through commercial health insurance exchanges. It has created a consumer market for healthcare provider services through rapidly increasing out-of-pocket obligations and a “cash on the barrel-head” mentality empowered by health and medical savings accounts (HSAs and MSAs).
If you combine these two articles, one would think independent practices should get better allowables. Read these articles for some more food for thought:
The ability of patients to pay their medical bills is declining due to rising out-of-pocket costs from high-deductible health insurance plans. Combine this with continuing reforms to the nation’s healthcare system, and it’s becoming more and more challenging to keep your practice readily profitable.