Channel Sponsor - Coding/Billing/Collections

Sponsored by National Medical Billing Services | info@nationalASCbilling.com | (636) 273-6711

Aetna: Changes to Medicaid would hurt business — 5 key notes

In its annual report, Hartford, Conn.-based Aetna said if Republicans change the Medicaid program, it would have big impacts on the company's bottom line, the Hartford Courant reports.

Here's what you should know.

1. Aetna derives 48 percent of its revenue from Medicare and Medicaid. The ACA expanded Medicaid, increasing Aetna's income.

2. If the Republican replacement cuts those programs' beneficiaries, Aetna expects to see decreased revenues and profits.

3. In 2015, Aetna withdrew from its Delaware Medicaid market because of inadequate premiums.

4. The company said if the Republican's replacement increases the number of uninsured people, it'll further exacerbate insurance costs as the private sector picks up the uninsured burden.

5. However, an ACA replacement wouldn't only be bad for Aetna. The American Health Care Act has a proposal rolling back taxes on payers from which the company could benefit.

More articles on coding, billing and collections:
How Mark Cuban would replace the ACA and fix the U.S. healthcare system
The 4 secrets to scaling your business
Humana raises executive salaries nearly 90% — 5 things you need to know

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months