Tuesday, November 16, 2010
On December 1st of this year, government payments to doctors performing Medicare services are scheduled to be cut by 23%...and predictably, neither doctors nor patients are happy about it.
Many doctors are saying they can no longer afford to take new Medicare patients (just when baby boomers are reaching Medicare age)...and other doctors are dropping Medicare patients entirely.
The cost-savings provided by slashing payments to doctors are, in part, what was supposed to make Obamacare into a "money saver" that would "bend the cost curve downward," back when the Democrats were still making those claims.
Of course, the other factor that was supposed to bring down costs was to make sure that everyone was required by law to participate in the new healthcare plans. In the words of Barack Obama, no one could opt out because "we're not going to have other people carrying your burdens for you" which would raise costs for everyone else.
But that's exactly what's happening, now that the Obama administration has quietly (very quietly) issued waivers to 111 companies and unions to allow them to dodge the Obamacare bullet, which will affect the prices that everyone not in political favor will have to pay.
Of course, to issue all of those waivers in such a short time, the government obviously has the power to act quickly when it needs to. Meaning if nothing happens by December 1st, we can assume that potential destruction of the Medicare system is exactly what Obama administration wants.