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We, as physicians, simply see very few, if any, medicare patients. This, for me, will result in higher revenues for our clinic, as we simply break even with medicare.
Who loses? Medicare patients with markedly reduced access to specialists. Did anyone really think that cutting $750 billion from medicare would have no consequences?
Seriously, down here in S. Florida, if specialists stopped seeing Medicare patients, they'd have no patients. I'm not worried.
Seriously, down here in S. Florida, if specialists stopped seeing Medicare patients, they'd have no patients. I'm not worried.
Old people are a boondoggle for the medical-pharmaceutical industry. You're not going to see cuts so drastic, that it will cut deeply into the profits of both sectors
Just got the news of the medicare reimbursements for 2014. Across many specialties, there are up to 50% cuts in procedures and surgeries (not office visits). These cuts will affect, of course, specialists rather than internists or primary care docs.
With such cuts, practices accepting medicare would lose money on every patient. Further, many insurance contracts are pegged to percentages of medicare.
Gee.............. I wonder what will happen to medicare patient access over 2014? When looting $750 billion from medicare to fund Obamacare, did anyone really think that there would not be a decline in quality and access for medicare patients?
Can a Medicare recipient opt out and buy coverage on the exchange?
And he subsidized others as well as his own until eligible to collect.
Are you assuming the 1% 'ers (who are eligible) don't use Medicare benefits? You'd be wrong.
My parents are "of age" and even though they are self made multi-millionaires (you'd never know/guess/assume), damn straight they're going to use their Medicare and supplement with private.
Should they not?
They earned it and they will use it until the government refunds them every penny they paid in over 40 + years and with interest.
I think that would be more than fair.
Very well said!!! Your parents have earned it. There is no income limit for Medicare tax while working like there is for Social Security. People should be more against the free entitlements that immigrants rip off the social security/Medicare system. They are allowed to come here, work only a few years, then qualify for Medicare, Medicaid, SSI all courtesy of the taxpayer.
Read last years official Medicare trustees report on providers payment on average of private insurance to Medicare on same procedures. Its is official government document.I see it allthe time when wife and I make general checkup visits at doctors office. Both billed the same but allowed is much more on her private versus my Medicare by about 30% for same thing. She also responsible for higher copay.
Just got the news of the medicare reimbursements for 2014. Across many specialties, there are up to 50% cuts in procedures and surgeries (not office visits). These cuts will affect, of course, specialists rather than internists or primary care docs.
With such cuts, practices accepting medicare would lose money on every patient. Further, many insurance contracts are pegged to percentages of medicare.
Gee.............. I wonder what will happen to medicare patient access over 2014? When looting $750 billion from medicare to fund Obamacare, did anyone really think that there would not be a decline in quality and access for medicare patients?
So, you want more welfare?
How much more money do you recommend we pump into welfare. $1T? $2T?
Hawkeye is saying the redirecting of the existing funds from Medicare to fund Obamacare resulted in lower reimbursement to healthcare providers who provide care for people on Medicare. Clinics can't afford to lose money so they will reduce the number of Medicare patients. Existing Medicare patients will lose access to doctors.
He is not saying he wants welfare spending to increase. He is saying Obamacare has consequences for those with Medicare.
If mechanics don't make enough on car repairs to pay the bills they won't be in business for long. So if they lose money on some people's cars and make money on others, they are not going to repair the cars for the people who pay less.
Every business has to make enough to cover the cost of doing business... well... maybe not GM...
Can a Medicare recipient opt out and buy coverage on the exchange?
No. Not even off the exchange. There are no companies offering policies to Medicare eligible people.
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