Medicare Rationing has already Begun

Discussion in 'Politics' started by carpro, Jan 4, 2010.

  1. carpro

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    Well-Known Member

    Oct 14, 2004
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    Medicare Rationing has already Begun

    Interventional cardiologists pay approximately $50,000 a year for malpractice insurance. If they work 40 hours a week, 50 weeks a year this means they pay $25 an hour for malpractice coverage. If they spend two hours in middle of the night coming in to see my patient, this effectively cuts their salary by $50. Earning $91 for middle of the night work simply does not cover the rent, utilities, and salaries for office staff that must be paid each month to keep the office doors open.

    Why should seniors care?

    Even before these cuts, Medicare already underpaid physicians by 15 to 25 percent compared to traditional insurance companies. No business can survive when expenses exceed revenue—no matter how well intentioned the physician.

    When the pending $500 billion cut to Medicare (used pay for healthcare reform) is added to the cuts outlined above, physicians will be forced to limit their exposure to patients on Medicare

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