Doctors Being Forced to Bankruptcy; Medicare and Medicaid to Blame?
Bankruptcies by doctors is on the rise. This isn’t even because of Obamacare, but it is certain to get worse under Affordable Care Act.
Doctors are having trouble staying afloat as people cut back on healthcare due to bad economic times, rising malpractice insurance costs, and shrinking government reimbursements.
Medicare and Medicaid work on the premises that the government will only pay a certain amount to reimburse doctors In many cases, that doesn’t cover the costs put out by doctors to begin with.
Oncologist Dr. Dennis Morgan had a profitable solo practice in Enfield, Conn., for years. Revenues began to fall, he said, when reimbursements for treatment and drugs to oncologists started shrinking.
If all of this is true, then why are more and more doctors being pushed into bankruptcy? Medicare/Medicaid are one aspect of it, but Republicans have been pushing for tort reform for years. Not that that will be the solution to the problem, but there has to be a way for the good doctors to be protected from costs that are driven up by idiot doctors. Reform should also be in place to prevent idiots who eat daily at McDonald’s suing said company for them being overweight.
But if Medicare and Medicaid are responsible for these doctors being forced into bankruptcy as the lawyers say, then what will happen when Obamacare kicks in, and they are paid even less for these patients?
Democrats, in the meantime, are busy trying to repeal parts of the Affordable Care Act, specifically the medical device tax.
Honestly, how great can the law be if Democrats are now starting to notice that bad things in it? The author of The Hill’s piece refers to the Affordable Care Act as unpopular, when the media and Democrats are trying to tell us it is popular.
Delays in implementing certain aspects of the law, such as the exchanges, is hurting small business, according to Senator Mary Landrieu (D-La.):
… [the delay will] prolong and exacerbate health care costs that are crippling 29 million small businesses.
Thirty three of fifty three Democrat Senators voted, in a non-binding resolution, to repeal the medical device tax, saying it would stifle innovation and increases costs for consumers.
Really? Why would it do that?
But that vote shows how gutless politicians really are. Take an f’n stand already! None of this time wasting, money gobbling non-binding resolutions, you pussies!
“People already don’t like ObamaCare, but they’re really not going to like the tax hikes, mandates, fees, penalties, and added red tape bureaucracy that go info effect over the next eight months. It goes from being an abstract discussion to a real life pain,” the National Republican Senatorial Committee said.
We’ll see if the implementation phase of Obamacare is what finally seals its doom.