By Marc Siegel
The final verdict may not be in yet, but some of the early returns on “ObamaCare” are not good. Indeed, many doctors are becoming wary of the law at a time when only one in three Americans support it.
In late December, a survey of 501 physicians was released by the Deloitte Center for Health Solutions research group, whose parent company serves clients in the health care industry. Nearly half (48%) expected health reform to hurt their incomes this year, while 73% said it would not reduce costs.
Though this isn’t a scientific survey, and other such surveys have and will show physicians’ support for the Affordable Care Act, the early glimpse of the law’s potential impact will likely lead to economic pain for doctors and a diminished system for their patients. Indeed, the Deloitte survey found that 69% of the physicians are “pessimistic about the future of medicine” because of the law.
I’m not here to judge doctors who back ObamaCare. But as a practicing physician, I simply need to look at the economics of medicine, apply my own experience and see the law as it unfolds to know that physicians across this country should be demanding if not a new system, at least a better one.
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Take a look at Doctor to Lawyer ratios in the Federal gov..
Now imagine lawyers being forced to accept clients at 50-75 % discount fees.
Yep. It’s lawyers, legally bossing doctors around. Meanwhile, writing regulations to fill the federal coffers up with a massive treasure trove of estate taxation their inept, drug-addled kids cannot understand, as the Baby Boomers have time sail them into the next dimension.
“Might be turning??”
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“Doctors traditionally have been unhappy with insurance mandates because third-party payers, whether public or private, represent a seemingly unnecessary interface between us and our patients. Many doctors today prefer to accept cash, even at a great discount, rather than having to deal with the burden imposed by insurers.”
This paragraph is a good reason as to why Obamacare will not work. It entrenches the insurance companies even further.