Fewer doctors take Medicare

WHen you limit price you increase demand and decrease supply, leading to shortages. This is Econ 101, a subject Democrats seem to have flunked.
Why does anyone think Obamacare will somehow repeal laws of economics?
More Doctors Steer Clear of Medicare - Yahoo! Finance

The folks who cite "Econ 101" apparently never got to second semester Econ 102. Medical economics is a lot more complicated that the lemonade-stand rules of supply and demand.

For starters, medical care is "price inelastic." Then there is the complicating factor that most major medical bills are paid by a third party, whether private insurance or a government program.

On top of that, medical practice is being revolutionized by technology and its economic consequences. Whereas over half of MDs were in private practice just ten years ago, now fewer than 30% are.

What is happening to the medical sector is bit like what happened to education in the late 19th century. Back then, almost all secondar schools were private academies, although tuition was usually paid by the town for resident children. High school teacher made more money than either doctors or lawyers. In huge parts of the country, only a small minority of kids went to high school.

Then state after state began raising the school leaving age and huge numbers of kids began attending public high schools. Teaching became a bureaucratized function of government rather than a learned profession. Teaching salaries began to fall behind other occupations with similar certification requirements. Teaching went from a high profession like lawyer, doctor or minister to a low profession like nurse or policeman.

The American medical profession and the role of the MD within it has changed rapidly. The fee-for-service structure is economically obsolete in a world where the services are delivered not by the family doctor with his little black bag but by teams of technicians and specialists operating million-dollar laboratories.

The rest of the advanced First World has figured this out and is several generations ahead of the USA in coverage, quality and cost control. We are paying twice as much as any other country for medical care per capita with over 40 million people outside the insurance system and outcomes that well below EU countries and other English-speaking nations. Pathetic
So the solution is European Style socialism?
Pass.
 
WHen you limit price you increase demand and decrease supply, leading to shortages. This is Econ 101, a subject Democrats seem to have flunked.
Why does anyone think Obamacare will somehow repeal laws of economics?
More Doctors Steer Clear of Medicare - Yahoo! Finance

My Chiropractor, with whom I play golf with and tip a few cold ones, tells me his Medicare reimbursements have decreased by almost half in the last 4 years.
Yet, because he does not want to lose those patients he accepts the loss.
Yes, each time he treats a patient using Medicare, he LOSES money on that visit.

My chiropractor stopped accepting Medicare a while ago.
 
WHen you limit price you increase demand and decrease supply, leading to shortages. This is Econ 101, a subject Democrats seem to have flunked.
Why does anyone think Obamacare will somehow repeal laws of economics?
More Doctors Steer Clear of Medicare - Yahoo! Finance

My Chiropractor, with whom I play golf with and tip a few cold ones, tells me his Medicare reimbursements have decreased by almost half in the last 4 years.
Yet, because he does not want to lose those patients he accepts the loss.
Yes, each time he treats a patient using Medicare, he LOSES money on that visit.

My chiropractor stopped accepting Medicare a while ago.
I am not surprised.
 
For Doctors to obtain hospital privileges they have to be providers for both Medicare and Medicaid so where do you your information that so many don't take these insurances anymore?
That's the issue. Doctors are eschewing hospitals as places of business.
They no longer want the hassle and bureaucratic nightmares that come with practicing in hospitals.

not only that but you are not obliged to take NEW patients so you can still have privileges in the hospitals and not take patients with Mediacid and Medicare in your office.
It is the office where the money is made, not the hospital.
In the hospital the money is lost everywhere, except the OR and ER. For the hospitals. And the hospital must pay reimbursements to the doctors in the ER and OR to provide 24/7 care for all patients. Doctors in the hospital do not deal with insurances - the hospital does. Doctors in the hospital deal with the hospital.
 
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This is just a preview of coming attractions for ObamaCare.

I expect we'll see more and more doctors move to concierge-subscription services which eschew insurance altogether.

If Obamacare puts more people on to private insurance, how exactly does anything that happens with Medicare become a "preview of coming attractions for Obamacare" ?

I know you won't answer, but I just wanted to highlight once again how clueless you are.
Ocare puts fewer people on private insurance. Where did you come up with yet another outrageously incorrect and stupid opinion? Did your dog whisper it to you?

Lol as usual you're talking out of your ass with no supporting evidence for your completely made up statement. Link from you? Of course not.

You're insane but we both know that.
 
This is just a preview of coming attractions for ObamaCare.

I expect we'll see more and more doctors move to concierge-subscription services which eschew insurance altogether.

If Obamacare puts more people on to private insurance, how exactly does anything that happens with Medicare become a "preview of coming attractions for Obamacare" ?

I know you won't answer, but I just wanted to highlight once again how clueless you are.

"if".....Big word. Very important.
The fact is ACA is designed to all but eliminate private health insurance.

It's a proven fact that private insurance is 42% more profitable because of the ACA. Try and deny that.
 
If Obamacare puts more people on to private insurance, how exactly does anything that happens with Medicare become a "preview of coming attractions for Obamacare" ?

I know you won't answer, but I just wanted to highlight once again how clueless you are.
Ocare puts fewer people on private insurance. Where did you come up with yet another outrageously incorrect and stupid opinion? Did your dog whisper it to you?

Lol as usual you're talking out of your ass with no supporting evidence for your completely made up statement. Link from you? Of course not.

You're insane but we both know that.

You provide a drive by "fact" and then accuse me of talking out of my ass? No, I dont think so.
 
If Obamacare puts more people on to private insurance, how exactly does anything that happens with Medicare become a "preview of coming attractions for Obamacare" ?

I know you won't answer, but I just wanted to highlight once again how clueless you are.

"if".....Big word. Very important.
The fact is ACA is designed to all but eliminate private health insurance.

It's a proven fact that private insurance is 42% more profitable because of the ACA. Try and deny that.

I'ts a proven fact that 40% of all statistics on the internet are made up on the spot. If posted by a liberal then it's 100%
 
Ocare puts fewer people on private insurance. Where did you come up with yet another outrageously incorrect and stupid opinion? Did your dog whisper it to you?

Lol as usual you're talking out of your ass with no supporting evidence for your completely made up statement. Link from you? Of course not.

You're insane but we both know that.

You provide a drive by "fact" and then accuse me of talking out of my ass? No, I dont think so.

The fact that the ACA is based around getting more people on private insurance is in no way a "drive by fact". Just the attempt by you to even make that claim is proof enough how insane you are.
 
Lol as usual you're talking out of your ass with no supporting evidence for your completely made up statement. Link from you? Of course not.

You're insane but we both know that.

You provide a drive by "fact" and then accuse me of talking out of my ass? No, I dont think so.

The fact that the ACA is based around getting more people on private insurance is in no way a "drive by fact". Just the attempt by you to even make that claim is proof enough how insane you are.

Link?
When government pays insurance premiums it is no longer private insurance. But Im sure that little fact wont stop you from believing your bullshit.
 
You provide a drive by "fact" and then accuse me of talking out of my ass? No, I dont think so.

The fact that the ACA is based around getting more people on private insurance is in no way a "drive by fact". Just the attempt by you to even make that claim is proof enough how insane you are.

Link?
When government pays insurance premiums it is no longer private insurance. But Im sure that little fact wont stop you from believing your bullshit.

http://www.gpo.gov/fdsys/pkg/BILLS-111hr3590enr/pdf/BILLS-111hr3590enr.pdf

You are so ridiculously deluded it's actually quite funny.
 
The fact that the ACA is based around getting more people on private insurance is in no way a "drive by fact". Just the attempt by you to even make that claim is proof enough how insane you are.

Link?
When government pays insurance premiums it is no longer private insurance. But Im sure that little fact wont stop you from believing your bullshit.

http://www.gpo.gov/fdsys/pkg/BILLS-111hr3590enr/pdf/BILLS-111hr3590enr.pdf

You are so ridiculously deluded it's actually quite funny.

You send me a link to a bill that no one in Congress read and you call me deluded?
You are so full of shit your posts stink.
 
dude, obamacare is not even implemented yet, what are you talking about?

I'm just dealing in "facts" with someone who consistently refuses to cite his sources. So I fight fire with fire.

Translation: I'm talking out of my ass and slinging bullshit.

Still no links from you to support anything you say. The 1st page of your playbook must read in big bold letters: "UNDER NO CIRCUMSTANCE SHOULD YOU EVER PROVIDE A LINK OR SOURCE OF INFORMATION FOR ANYTHING YOU CLAIM"
 
Link?
When government pays insurance premiums it is no longer private insurance. But Im sure that little fact wont stop you from believing your bullshit.

http://www.gpo.gov/fdsys/pkg/BILLS-111hr3590enr/pdf/BILLS-111hr3590enr.pdf

You are so ridiculously deluded it's actually quite funny.

You send me a link to a bill that no one in Congress read and you call me deluded?
You are so full of shit your posts stink.

Translation: I have no response to you actually posting proof and I still have not provided anything to back up what I have been claiming.
 
I'm just dealing in "facts" with someone who consistently refuses to cite his sources. So I fight fire with fire.

Translation: I'm talking out of my ass and slinging bullshit.

Still no links from you to support anything you say. The 1st page of your playbook must read in big bold letters: "UNDER NO CIRCUMSTANCE SHOULD YOU EVER PROVIDE A LINK OR SOURCE OF INFORMATION FOR ANYTHING YOU CLAIM"

Dude, you made an assertion and I asked you to back it up. You have yet to do so. Don't project your own stupidity.
 

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