Saturday, November 16, 2013

Thousands of Doctors Dropped by Insurer After Obamacare Funding Cuts

UnitedHealth Group has dropped thousands of doctors from its networks in recent weeks, leaving many elderly patients unsure whether they need to switch plans to continue seeing their doctors, the Wall Street Journal reported Saturday.

The insurer said in October that underfunding of Medicare Advantage plans for the elderly could not be fully offset by the company's other healthcare business.

The company also reported spending more healthcare premiums on medical claims in the third quarter, due mainly to government cuts to payments for Medicare Advantage services.

More @ Newsmax


  1. Brock This is MUCH worse than you are reading; Its worse than most outside the medical profession know. I am in a position to know the local situation in some detail and if it is reflected at the national level; Then our old "healthcare system" is gone. Not bent; not broken; KIA. This may well prove to be as great a disaster as one of Stalin's five year plans. This has begun a systems crash that is still picking up speed, and God help America ;because I don't think anyone can stop it, and the way the "higher ups" are acting I don't think they want to stop it , even if they could.---Ray