Election 2010: Teabaggin' the Ds & Rs

[Hank Chinaski]

Doctors-

had dinner with a friend who runs a family practice. apparently medicare (or caid? the one for old people) sets payments according to a formula. it's pretty complicated but essentially it goes like this Medicaid funds= X % of GNP*

as long as the economy doesn't stagnate that means there is some growth . but there are shitloads more old people. so with no growth in $ and huge growth in sick old people they periodically set "reductions" in what the GPs get.

There have been delays in implementing the reductions but now the delays are over. He will be taking a 30% reduction in what he is paid starting 1/1. His overhead is 50 or 60% and several private insurances plans flag fees to MC. meaning his income is about to drop about 50%.

apparently the specialists fight the hits and it tends to be directed against GPs.

fucked world if Doctors can't make money.

*not sure if it is GNP, but some reflection of the economy. I AM An economic moron.