Tuesday, November 18, 2008

Healthcare Crisis Update

More than half of family physicians would give up their practices for something else if they had the chance. Only 2% of medical students are willing to become primary care physicians. All this is due to insurance industry and gov't regulations both out of control. With the promise of "Universal Healthcare" there will be more burden on the few physicians left to treat many more patients for much less return.

http://www.cnn.com/2008/HEALTH/11/17/primary.care.doctors.study/index.html

There is no reason for the best and brightest to be attracted to these professions and it's only going to get worse.

7 comments:

Missy said...

who wants to be a doctor when on one hand you have HMO's paying about half of retail (though probably not too far from where real cost should be) and the government who pays pennies on the dollar causing medical professionals to be in a situation where they lose money and risk being charged with a federal crime should they make any mistake.

glen said...

This is as good a spot to drop this nugget as any. Being this woman is the best and brightest in healthcare these days.

http://www.foxnews.com/story/0,2933,453125,00.html

Anonymous said...

This goes hand in hand with the original post.

http://www.jewishworldreview.com/cols/sowell111808.php3

Anonymous said...

http://www.jewishworldreview.com/cols/sowell111808.php3

Anonymous said...

Why does it get cut off?

C-Bug said...

Missy, You are right but in my case it was less than a third. I just had some heart check-up work done and the amount billed was $3825.00. Insurance will only pay them $1232.50.

stinkinrottenkid said...

And that third is just applied to overhead costs which generally run closer to 40-70% of collections under best of conditions. Politicians are doing to healthcare precisely what they did to bamking and other disastrous institutions