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- Apr 2, 2012
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SMART (Save Medicaid access and resources together) act is a senate bill passed on May 24, 2012 to save 2.7 billion dollars. Savings will be generated by reducing physician reimbursement rates and patient access to a number for services. For example, hospitals are receiving a reduction in reimbursement rate (3.5% decrease), certain services are being scaled back (such as podiatry), and certain services are being discontinued (such at chiropractic care). Under this new bill, Medicaid patients will have access to podiatric care ONLY if they are diabetic. This is not a massive catastrophe because podiatrists are not financially compensated very well for their services on Medicaid, I know several pods who rarely (if ever) see Medicaid patients because the reimbursement rates are so low.
This is somewhat alarming because many other insurance providers mirror the Medicaid mold. Do you see where I am going with this?... I'd like to hear some input.
This is somewhat alarming because many other insurance providers mirror the Medicaid mold. Do you see where I am going with this?... I'd like to hear some input.