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March 3, 2010
Medicare's not fixed - and Obamacare will make it worseTopics: Iran, Political News and commentaries
So, just how bad will Obamacare be? Just ask practicing internist and Fox News medical contributor Dr. Marc Siegel:
One look at my office tells you that I'm still taking Medicare patients: The worn carpet and peeling paint give it away.As Dr Siegel goes on to point out, as bad as Medicare is and is becoming, Medicare is the program that "reformers" point to as the success that ObamaCare's going to deliver for all Americans.
Yes, Medicare's payment rates are that bad.
The real threat of a further across-the-board cut of 21 percent only added to the old problems of "routine" Medicare cuts.
The program now pays $53 for a standard office visit; with the cut, that would've been $40. For comparison, Aetna pays $70.
Average Medicare payments to physicians have been relatively stagnant since 2001 (but reimbursements for surgery and procedures have been cut a lot). Meanwhile, average total physicians' costs have risen 20 percent.
Number me among the many thousands of doctors who'd have stopped accepting Medicare patients if these new cuts had stuck. Indeed, more and more of us have had to draw the line just thanks to the "normal" cuts.
Consider it all another warning of what ObamaCare really means. (More)
Posted by Richard at March 3, 2010 9:15 AM
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- Medicare's not fixed - and Obamacare will make it worse - Mar 03, 2010