Will Americans soon be too sick to work, produce, invest, and generate new prosperity?
That’s one conclusion you can draw from a new series by Investor’s Business Daily, which reveals that doctors are overwhelmingly opposed to a government takeover of health care (including the Baucus plan).
Just as important, IBD reports that any government-based health-care overhaul will exacerbate the growing shortage of doctors in this country.
IBD/TIPP found that 71 percent of physicians believe that government cannot cover 47 million more people without significant rationing of health care. And nearly half of the doctors polled say they would retire early if Congress passes the proposed overhaul.
IBD/TIPP surveyed nearly 1,400 physicians for its series. In written responses, doctors have pointed to lower pay, increased government mandates, and less freedom to practice as reasons for the physician shortage. In particular, Medicare and Medicaid, which essentially are running half of our health-care system, continue to pay below-market reimbursement rates that are putting doctors out of business.
Primary-care physicians are the worst off. The American Academy of Family physicians reports that primary-care doctors need a 30 percent pay raise in order to survive. They’re not going to get it under Obamacare, or Obamacare Lite. In fact, physician payments will move lower should any of the various House and Senate plans pass.