By Jane M. Orient, M.D., My reason for not accepting government money is a letter dated Feb 4, 1974, the year I graduated from medical school. My father, who owned a small contracting business, thumb-tacked it over his desk, to remind him not to bid on government jobs. The letter from Russ Plumbing Company, one […]
An article by AAPS Director Richard Amerling, MD was featured today at Medical Progress today: House and Senate Democrat leaders, and President Obama, argue that they can “pay for” health insurance “reform” by cutting $500 billion from Medicare spending over the next decade—largely through arbitrary reimbursement cuts,— without reducing the quality of care delivered to […]
The Office of the Actuary of CMS released an analysis of the Reid bill detailing increases in costs and expenditures, and unrealistic assumptions about Medicare “savings.” The bill is likely to make more providers unwilling to treat Medicare and Medicaid beneficiaries, at the same time that demand for services increases.
Medicare is immensely popular, has very low administrative costs, is already a working model,… it is said: Why not just have Medicare for all? At one time, calling Medicare “socialized medicine for the elderly” caused stunned silence in the Congress. Now, if one opposes “socialized medicine,” at least one listener is bound to dare you […]
Ostensibly, the vote was against pay cuts for doctors. But it was really about “creeping privatization of Medicare,” writes left-wing columnist Paul Krugman. Krugman blames Medicare deficits on the Medicare Modernization Act. Not Part D, but Medicare Advantage private fee-for-service plans. He asserts that these rapidly growing plans cost the government 17% more per beneficiary, […]
According to an annual study released by Fidelity Investments, a couple retiring this year will need about $225,000 to cover lifetime medical costs. The study assumes no employer-sponsored retiree coverage. It includes Medicare premium payments, copayments, and deductibles, as well as out-of-pocket prescription drug costs. The figure has increased 4.7% since 2007. Fidelity’s first study […]
Ignored by most politicians, David Walker, who heads the Government Accountability Office (GAO), is taking his message on tour. His presentation on the unsustainability of the U.S. economy can be viewed on YouTube. The biggest contributor to the coming fiscal meltdown is the Medicare prescription drug benefit. Boston University professor Laurence Kotlikoff asks the question […]
In what has become an annual ritual, Medicare announces a cut in physicians’ fees, and physicians threaten that patients will lose access to care. And this time they really mean it. An average 10.1% fee cut was slated to take effect on Jan 1, 2008. Two-thirds of the doctors in Sarasota County said they would […]
September 13, 2006CONTACT: Kathryn Serkes 202 333 3855 FOR IMMEDIATE RELEASE: [email protected] DOCTORS OPPOSE AMA EFFORTS TO HALT MEDICARE PAY CUTS �It�s NOT about the money� PHOENIX, AZ — A national physician association voted today to urge Congress NOT to take any action to stop slashes in physician payment that are scheduled to go […]
In addition, Congress should study the effect of federal laws that tend to weight the scales in favor of one form of payment over another through artificial, government-conferred subsidies and other advantages or government-imposed burdens. Such laws should be repealed.