ObamaCare Declares War on Doctors
By DICK MORRIS & EILEEN MCGANN
Published on
DickMorris.com
on October 26, 2011
The worst fears about Obamacare are now being realized in a decision
on Monday by the Medicare Payment Advisory Commission (MPAC) established
by the law to supervise $500 billion in Medicare cuts. MPAC, whose
decisions have the force of law, has voted to impose drastic pay cuts on
all doctors under Medicare and, by extension, under Medicaid (which
tends to follow suit). The cuts will effectively reduce the real
pay for specialists by 50% over the next ten years --- including a 25%
reduction over the next three years -- and cut general practitioners'
pay by one-third over ten years (and that assumes that inflation stays
down at 3% a year).
MPAC has ruled that specialists must accept a 6% cut in their fees per
year for each of the next three years followed by a seven year freeze in
their fees without any adjustment for inflation. If inflation
stays very low -- at 3% per year -- this cut amounts to an 18% cut in
nominal pay and a 50% cut in real pay for specialists. General
practitioners will face a ten year freeze on their pay, reducing their
real compensation by one-third assuming ongoing low inflation.
Higher inflation, of course, would make the cuts in real pay even more
drastic.
The consequences of the MPAC decision will be immediate and drastic:
* Many physicians, and many more specialists, will refuse to
treat Medicare patients. It will become very, very difficult to
see a cardiologist or an oncologist or a gastroenterologist or OB-GYN
specialist if you are on Medicare unless you are willing to pay out of
pocket or have the kind of health insurance coverage from a private
source that would reimburse for their care.
* More and more medical care will be turned over to nurses or
physician assistants, and fewer people will ever get to see a doctor on
Medicare.
* Private health insurers will follow in the footsteps of the
Medicare program and likely slash their fees as well.
* Fewer students will enter medicine, and a major shortage of
doctors will reduce the quality of medical care in America drastically.
The MPAC cuts will bring American doctors' incomes more into line with
European doctors who typically earn half or less of what their American
counterparts earn -- and deliver worse medical care as a result.
We have got to stop these MPAC cuts from taking effect. The very
future of Medicare and of our entire health care system is at stake.
If they are allowed to stand, Medicare will become akin to Medicaid or
public housing -- a program for poor people who cannot afford to pay for
medical care from specialists outside the system.
Please take a moment and
click
here to sign the petition asking Congress to overrule the MPAC
decision. Providing quality medical care and preserving the
Medicare program is something that can reach Republicans and
survival-minded Democrats, but we need to raise a storm of protest!
Click
Here to sign the petition asking Congress to overturn the MPAC
decision.
Click
Here to watch my video on Obamacare Declares War On Doctors.
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