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A (temporary) 21 percent pay cut for Medicare doctors begins today. According to BusinessWeek, this budget cut has already led many doctors to delay appointments for elderly patients:
“We don’t know what we’re getting paid this year and we need to get systems in place before the bad news,” said Bell, a 55-year-old dermatologist who practices in Murfreesboro, Tennessee, a city of more than 100,000 southeast of Nashville. The American Medical Association, the largest U.S. group for doctors, said today “many” physicians will limit patients.Annual fee reductions beginning in 2002 were baked into a...
Precursor to Obamacare: Medicare Payments to Docs Dip 21% Starting Today
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That WILL be the real problem. Not enough qualified doctors, nurses and hospitals to provide adequate care. Yup...out with the old people and in with the new.