The five reasons given for not participating in the ACA exchanges are:
1. Concerns about administrative and regulatory burden from these products;
2. Concerns about the financial burdens from patient collections since many of these plans are high-deductible;
3. They would face financial risk because of low reimbursement rates from exchange plans;
4. Concerns about assuming financial liability during the 90-day grace period ACA exchange enrollees have to pay their bills;
5. Concerns about the uncertainty and confusion regarding ACA exchange products.
More Articles on Practice Management:
13 Statistics on How Orthopedic Surgeons Spend Their Work Time
4 Key Consideration When Adding a Partner to a Medical Practice
Physician: 6 Tips for Managing an Online Reputation
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
