Dollars ≠ Doctors. There are many reasons for that. One is that appropriating money for health care does not ex nihilo (create out of nothing) doctors, pharmaceuticals, or hospitals into existence; rather, it simply injects more money into the chase after the same supply of goods and services, which is a recipe for price inflation rather than one for expanded coverage. Second, it is a terrible program from the providers’ point of view, which is why medical professionals who have a choice increasingly refuse to take on Medicaid patients, Kevin D Williamson. Medicaid does not pay a doctor what his service is worth. Doctors who take Medicaid and Medicare must consider those patients as charity cases. Doctors can handle only a limited number of charity cases charging full paying customers a little more to make up the difference. Too many in government these days have absolutely no clue what it takes to become a doctor, to run a business, invent and promote a product, to create innovation or to make payroll.
Posted on: Wed, 12 Mar 2014 16:07:20 +0000