The U.S. Department of Health and Human Services (HHS) predicts that the proposed Medicaid expansion will bring an estimated 16 million more Americans into the health-care safety net.
The prediction comes even as some twenty-six states are against such expansion. You can also read this article to know more about medicaid collections.
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Although the proposed Medicaid expansion would eventually weigh more on the respective states' budgetary allocation for meeting Medicaid expenditure as soon as the Federal Government's ceases to support Medicaid related expenditure, it is imperative that, in a Federal Setup, states follow certain measures as dictated by the Federal mandate.
Moreover, Medicaid, expansion, being a pro-healthcare measure, is destined to elevate the quality of public healthcare across the country in tandem with Medicare reforms.
Coming to the composition of the Medicaid expansion, the proposed scheme opens up health insurance eligibility to all people with household incomes up to 133 percent of the Federal poverty level.
While Medicare expansion is going to bring an unprecedented population under the ambit of Medicaid, physicians will have a hard time in coping up with sudden influx of patients.
The situation is going to even more serious if the patients happen to be in need of specialty services as there is already a dearth of specialty-specific physicians across the state.
And, with the situation requiring sometime to become ideal, the existing physicians will have to bear the additional brunt.
Although the additional workload would also bring in additional revenues from Medicaid reimbursements, their Medical Billing Practices would be put to test as Medicaid reimbursement environment has progressively become more stringent over the years.