{"id":1460534,"date":"2024-03-03T21:00:00","date_gmt":"2024-03-04T02:00:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1460534"},"modified":"2024-03-03T21:00:00","modified_gmt":"2024-03-04T02:00:00","slug":"letters-warn-you-cannot-keep-your-doctor-thousands-freaking-out","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/letters-warn-you-cannot-keep-your-doctor-thousands-freaking-out\/1460534\/","title":{"rendered":"Letters Warn &#8220;You Cannot Keep Your Doctor&#8221; &#8211; Thousands Freaking Out"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Letters Warn &#8220;You Cannot Keep Your Doctor&#8221; &#8211; Thousands Freaking Out<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><em>By <a href=\"https:\/\/mishtalk.com\/economics\/letters-warn-you-cannot-keep-your-doctor-thousands-freaking-out\/\">Mish Shedlock of MishTalk<\/a><\/em><\/p>\n<p>Does anyone recall the Obamacare promise \u201cyou can keep your doctor\u201d. Up to 100,000 people might find out otherwise in one big bang. More are likely on deck.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/keep%20dotor.jpg?itok=b_ekWczF\"><\/a><\/p>\n<p><strong>Freaking Out<\/strong><\/p>\n<p>Patients are caught in the middle of contract disputes between hospitals and health insurers. As a result, people are <a href=\"https:\/\/www.wsj.com\/health\/healthcare\/patients-threatened-with-loss-of-their-doctors-in-growing-disputes-between-hospitals-insurers-cb2be3ac?mod=hp_lead_pos6\" target=\"_blank\" rel=\"noopener\">Freaking Out. Letters Warn Patients They Risk Losing Their Doctor<\/a><\/p>\n<p>Patients are getting ominous warnings in their mail and inboxes: They are about to lose insurance coverage of their doctors.<\/p>\n<p>The threatening letters and emails have sent patients reeling. Unsure what to make of it all, they are flooding doctors with calls asking questions, snapping up appointments with the physicians and taking to social media to complain.<\/p>\n<p>Sparring in New York City are health insurers such as giants UnitedHealthcare and Aetna, which pay for medical care, and big-name hospital systems like NewYork-Presbyterian and Mount Sinai Health System seeking more money for the treatment provided by their doctors.<\/p>\n<p>NewYork-Presbyterian said the insurer has failed to offer enough. Aetna said the hospital system\u2019s demands are unsupportable. Both declined to say what rate increases they are seeking.<\/p>\n<p>If hospitals and insurance companies fail to agree on a contract, patients can lose not only some or even all of their health plan\u2019s coverage, but they may also pay a doctor\u2019s higher, non-negotiated rates.<\/p>\n<p>The hospital system sought new terms because of rising labor costs and its analysis of\u00a0<a href=\"https:\/\/www.wsj.com\/articles\/health-insurance-providers-begin-publishing-prices-for-medical-care-11656685249\" target=\"_blank\" rel=\"noopener\">newly public hospital pricing data<\/a>\u00a0indicated Mount Sinai wasn\u2019t paid as well as its competitors, said Brent Estes, Mount Sinai\u2019s chief managed-care officer.\u00a0<\/p>\n<p>UnitedHealthcare said Mount Sinai\u2019s proposals would increase its rates by 43% to 58% over three to four years. \u201cWe continue to await a realistic proposal from Mount Sinai that\u2019s affordable and sustainable for New Yorkers and employers,\u201d the company said.<\/p>\n<p>As boomers get older demands for medical care services will explode.<\/p>\n<p><strong>Percentage Change in Debt and Population<\/strong><\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/change%20in%20debt%20and%20pop.jpg?itok=KvACTwUB\"><\/a><\/p>\n<p>In the last four years, the percentage increase in population was 3.0 percent. The percentage in crease in debt was 45.3 percent.<\/p>\n<p><strong>Federal Debt vs Population 1992 vs Now<\/strong><\/p>\n<p>In 1992, the federal debt was $4.027 trillion. The population was 192.805 million.<br \/>\n\tAt the end of 2023, federal debt was $32.690 trillion and the population was 266.942 million.<br \/>\n\tBetween 2019 and 2023, the federal debt rose by 45.3 percent. The population rose by 3.0 percent.<br \/>\n\tBetween 2007 and 2019, the federal debt rose by 105.3 0ercent. The population rose by 11.8 percent.<\/p>\n<p>The cost of healthcare is about to soar.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Sun, 03\/03\/2024 &#8211; 16:00<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/markets\/letters-warn-you-cannot-keep-your-doctor-thousands-freaking-out\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/markets\/letters-warn-you-cannot-keep-your-doctor-thousands-freaking-out<\/a>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Letters Warn &#8220;You Cannot Keep Your Doctor&#8221; &#8211; Thousands Freaking Out By Mish Shedlock of MishTalk Does anyone recall the Obamacare promise \u201cyou can keep&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1460534","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-67X0","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1460534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1460534"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1460534\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1460534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1460534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1460534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}