Career and Life Planning Guidebook for Medical Residents

Market Driven HealthCare Reflection + Activity What impact might these trends have on your decision to practice medicine? What’s your understanding of these trends? What have you heard or been exposed to? R E A D : The Big One: Effects of the Affordable Care Act (ACA) To Date Thereare threemajor shifts occurring related tohealthcare reform: substantial increase in covered populations, shiftingMedicare andMedicaid fin-ancial risk to providers, and reduction in Medicare payment rates. Substantial increase in covered population In 2013-2014, about 16 million Americans were added to the Medicaid programs while Medicaid reimbursements were raised to Medicare levels for general internists, family physicians and pediatricians. 97 WWW.PHYSICIANCAREERPLANNING.COM