Rustic23
Thinks s/he gets paid by the post
$30,000,000,000 Does not seem like much!.......I'm convinced........OAG for Congress! Heck, they don't even think $1,000,000,000,000 is much! OAG you would fit right in.
$30,000,000,000 Does not seem like much!.......I'm convinced........OAG for Congress! Heck, they don't even think $1,000,000,000,000 is much! OAG you would fit right in.
This was in the Houston paper today.
Health-care reform: Much to lose in fixing system | Viewpoints, Outlook | Chron.com - Houston Chronicle
Does not seem like much, but every little bit would help. It also does not consider the money providers and practitioners spend for Malpractice Insurance (or whatever they are now calling it). Anyway, it will never happen since there is probably more profit in the insurance and attorney business than what is spent on medical care.
benefits paid or expected to be paid to third parties (hereafter referred to as “losses”), defense costs, administrative expenses.
If the 1.5% does not include malpractice insurance then the figure is, IMO, of very little value. I knew an OBGYN that was getting out of the service and moving to Montana. At the time he said he was going to make $200,000 a year, but his malpractice was going to cost $100,000 a year. This was in the mid 70's.
And if we didn't have a shortage of doctors today, they wouldn't be turning away medicare patients.
Got a reference for this statement or is it your opinion?
Seems like what you are saying is 'if we produce more doctors they will work for the low wages created by medicare'
However, you may be right. If doctors are forced to only take medicare wages, then they will accept. However, good luck on finding a doctor that has an opening.
The other thing is: Many young doctors have $100-200K in student loan debt. It would be awfully hard for some of them to pay off that debt AND malpractice insurance with nothing but Medicare reimbursement rates.I believe you are right. If doctors are forced to accept wages lower than they deem their services are worth they will quit. Thus forcing a system on doctors that causes this, IMHO, is not going to solve the problem.
I have never had a problem with any of my health Insurance Companies.