One of the best articles I have read appeared in the October 2012 edition of First Impressions, a magazine for "dental sales professionals". Two of the main points involve the Government giving & taking away.
- The ACA has provided funding for certain health care providers that meet various criteria,one of which is a patient population of over 30% Medicaid. If eligible, the provider may receive a grant totaling over $60,000.
- And on the backside is the new Medical Device Tax of 2.3%. This covers all medical devices, as defined by the FDA, and covers most items from equipment & technology to composites & anesthetic. (Last I heard, the ADA is supporting a repeal of this provision)
As for the dentist,how these changes will effect reimbursements remains to be seen. The good news is, hopefully, that there will be a greater demand for dental care. The hope is that the supply of dentists can meet the demand. The ACA also includes a five year, national oral health prevention and education campaign targeting vulnerable populations. I assume that Kentucky is considered a "vulnerable" population. Perhaps with more education the belief that it is a rite of passage to lose one's teeth will become a thing of the past. One can hope at least.
This is certainly a topic that is not going away any time soon. I'd love to have some opinions. Next week's topic: OSHA! As always, please contact me with any questions. Go Cats!