Wednesday, August 03, 2011

ObamaCare's Most Frightening Consequence: Not Enough Doctors

by John Rossomando
08/02/2011

ObamaCare’s defenders promised the law would increase patient access to care, but a closer look shows that increased regulations combined with higher demand for health services could cause many physicians to give up practicing medicine.

“You are seeing a change that I haven’t seen in my over 30 years in the practice of medicine,” said Tennessee GOP Rep. Phil Roe, who worked as an OB/GYN before getting into politics. “I think what you are going to see is people going in to see a nurse practitioner, not a medical doctor, as has been the case for decades.”

According to Roe, Medicare will pay doctors less than Medicaid by 2020 should ObamaCare remain in place, which means that doctor who runs a solo practice with three employees and who grosses $300,000 could see a 30% cut in his reimbursements.

Doctor who use approximately half of their gross receipts on paying overhead costs would still have to do so even when their reimbursements are cut. the rest
A November 2010 Physicians Foundation Survey underscored this when it found that 56% of doctors it surveyed anticipate the health care law will diminish the quality of care they can give their patients. A further 40% of physicians said they planned to retire, seek a nonclinical job in the health care field or leave the medical profession altogether.

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