Showing posts with label affordable health care act. Show all posts
Showing posts with label affordable health care act. Show all posts

Wednesday, April 2, 2014

Optometric Billing-Affordable Care Act (Obama Care), Letter From President Obama

I got this letter from the President of The United States earlier today, I just wanted to share it with everyone.

"Hello everyone,

Last night, the first open enrollment period under the Affordable Care Act came to an end.
And this afternoon, we announced that 7.1 million Americans have now signed up for private insurance plans through the new Health Insurance Marketplaces.

7.1 million.

That doesn't count the more than 3 million young adults who have gained insurance under this law by staying on their families' plans. It doesn't count the millions more who have gotten covered through the expansion of Medicaid and the Children's Health Insurance Program. It doesn't include the more than 100 million folks who now have better care -- who are receiving additional benefits, like mammograms and contraceptive care, at no extra cost.

Now, millions of our fellow Americans have the comfort and peace of mind that comes with knowing they're no longer leaving their health and well-being to chance. For many of them, quality health insurance wasn't an option until this year -- maybe because they couldn't afford it, or because a pre-existing condition kept them locked out of a discriminatory system.

Today, that's changed. And while our long-broken health care system may not be completely fixed, it's without question a lot better. That's something to be proud of -- and there's no good reason to go back.
Regardless of your politics, or your feelings about the Affordable Care Act, millions more Americans with health coverage is something that's good for our economy and our country.

At the end of the day, that is what this law -- and the other reforms we're fighting for, from a 21st-century immigration system to a fairer wage for every American who's willing to work for it -- are all about:
Making sure our country lives up to our highest ideals.

I am thankful to be your President today, and every day. And I am proud that this law will continue to make life better for millions of Americans in the years to come.

Thank you.

President Barack Obama"

Somewhere in there he forgot to mention that now, millions of more people will be insured to walk through your optometry practice doors and create an optometric billing nightmare for your billing staff because many, many, many of these newly insured patients, as well as the patient's that have been with you for years, are going to get hit with sky-high deductibles that average anywhere from $3k-$10k per year. 

Patients barely want to pay their co-pays now as it is,do you really think it is gonna be any easier to get them to pay for their entire exam out of pocket due to ridiculously high deductibles and co-insurances? Somewhere, I bet the board members of Care Credit are cracking open bottles of Dom Perignon and cases of Cuban Cigars while they laugh...all the way to the bank.

Avoid hastles. Click here to let opticXpress become your biling department today.

Wednesday, January 15, 2014

Optometric Billing-Keeping It Legal After ObamaCare-The Affordable Care Act

Good Morning,

As exchange plans continue limiting provider networks and ramp down compensation, it’s not surprising that more professionals are exploring or pursuing different options. Some physicians are conducting a concierge or retainer practice that offers upgrades to cash-paying patients. Some have decided to “opt out” completely of insurance programs. Others, who continue to participate in governmental and managed care arrangements, however are considering whether going “out of network” makes more sense financially and operationally, than remaining network providers.

The Affordable Care Act has imposed new requirements that impact the ability to accept and charge patients for concierge (retainer) service, even if they are participating in exchange plans, or in Medicare and traditional commercial plans. The law also requires every citizen to obtain insurance, meaning that many “cash” patients will in the future be covered.

Providers who seek to “opt out” have to follow a set of procedures to extricate themselves from Medicare or managed care plans. They will need to enter into agreements with Medicare patients regarding future care. Further, payer requirements and state laws also impose limits on doctors or groups establishing a cash or a concierge practice.

Join us for this Live Audio Conference - "Concierge Practice: How To Keep It Legal Post Affordable care Act" on Thu, Jan 16, 2014 at 1 pm ET | 12 pm CT | 11 am MT | 10 am PT where expert speaker Wayne J. Miller, Esq. will discuss the current limitations on a concierge practice and how it may still be viable in the new environment.


Highlights of the session:

  • What requirements do exchanges impose on providers?
  • Definition of services that are “covered” in exchange and other plans as per ACA
  • Private vs. public exchanges: what providers need to know
  • Must you serve exchange patients under existing contracts?
  • Terms to look for in new deals to serve exchange patients
  • Reducing liability risk for nonpayment
  • Due diligence steps recommended before taking on exchange business
Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.

If interested, please click the following link to register and get your early bird discount:-

CLICK HERE TO REGISTER

Please apply discount code "SAVE20" at checkout to get an additional $20 discount on registration.

Looking forward to your participation here.

Thanks,
Jennifer Smith

Tuesday, February 14, 2012

Optometric Billing-The State Of Optometry

In her "State of Optometry" Address, President of the American Optometric Association, Dori Carlson, discusses, among other things, :

  1. The Affordable Health Care Act (Obama Care)
  2. Children's Eye and Vision Benefits
  3. Mandatory Vision Care being included in the AHCA
  4. How organized healthcare resisted these efforts by the AOA and lost
  5. The American Recovery and Reinvestment Act
  6. How the AOA has fought for increases in reimbursements from Medicare for Vision Care Providers while reimbursements for other specialties have been lowered. 


Take a look at the video below and use the comment section to talk back and tell us what you think. How will these advances affect you as a vision care provider?