Obamacare removes ownership from the medical field. An individual doctor no longer owns his education, career or even day-to-day lifestyle choices. Under Obamacare, he goes from feeling a sense of caring ownership for his patients and his craft to feeling over-worked, under-paid and micro-managed.
Obamacare effectively steals from doctors by confiscating the skills, energy and time they have devoted to medicine. When you steal a man’s life-long passion; his hard-won goal; his lifestyle—do not expect him to be happy or to maintain his conscientious passion for practicing medicine.
2.) Doctors Need Motivation and Compensation
A better name for Obamacare is the “16.7 Percent Paycut,” because that is what it means for doctors. In order to “save” Medicare, Obamacare asks doctors to take a 16.7 percent paycut. And, guess what? Patients will suffer, not just doctors. Patients will suffer because smart and caring young men and women will forfeit their dreams of entering the medical profession and choose alternate careers that promise less stress and higher pay.
A few months ago, I had the opportunity to visit my brother at his medical school and meet some of the other medical students. They were intelligent and hard-working individuals who clearly cared about helping people. I did not get the sense that money was their primary motivation in becoming doctors.
Indeed, 60 percent of doctors are concerned that Obamacare will diminish their ability to care for patients, finds a Feb. 29, 2012 survey completed by The Doctors Company Market Research, America’s largest surgeon and physician medical liability insurer.
Money simply allows smart young Americans, like my brother and his peers, to justify spending an additional four-to-ten years after college holed up in a library just to graduate with $160,000 in debt (the median debt load for medical school grads according to a 2010 Mayo Clinic study).
There are 70 million baby-boomers out there who will be looking for geriatricians soon. But there is only one geriatrician for every 2,600 Americans over the age of 75, according to the American Geriatrics Society. Why is this? Money. Geriatricians made a median salary of $183,523 in 2010, reports the Medical Group Management Association. America desperately needs more geriatricians, but young doctors are choosing to specialize in other areas because they can earn two-to-three times more.
Money is a suitable incentive, especially when you are asking people to give up their youth studying while amassing debt. But Obamacare removes the practical “profit motive” of capitalism and replaces it with the idealistic “poverty motive” of socialism.
A Better Way
I think trying to save something that is hopelessly broken, like Medicare, is a mistake. Ultimately, I think it’s a choice between complete government control over limited medical care resources or a more freedom-based system where prices are lower because competition exists and health insurance is actually insurance (now, insurance covers basic, common care which is ridiculous and causes overall healthcare costs to rise). Insurance should only be involved in major medical care; otherwise, it’s not insurance, it’s maintenance.
When it comes to medicine, you get what you pay for. As patients, I think we should be willing to pay a little more in exchange for the highest quality of care. Sorry, President Obama, but your plan is “JurassicParkCare”—doctors go extinct and their patients go untreated while your buddies in Hollywood cheer.