O Really wrote:Well Doc, I think it's outrageous that Medicaid payments aren't competitive. On the other hand, listening to one from your article... “We need some recognition that we’re doing a service to the community. But we can’t do it for free. And we can’t do it at a loss. No other business would do that,” he said? But how many other businesses would like to operate under the terms a medical practice does? Captive market, no actual competition, charge whatever you like, get paid most of it by a third party.
Charge whatever you want and get paid most of it by a third party? What are you smokin'? Insurance companies pay doctors a negotiated percentage above Medicare. When Medicare rates drop, so do insurance companies.
No competition? What about Chiropracters, homeopaths, alternative medicine types, nurse practitioners, nurses at "minute clinics" at your local pharmacies, etc.