Just about everybody knows there is a problem with the way Medicare pays doctors. But unless you are a doctor, Ill bet you have no idea what the exact problem is or what Congress intends to do about it. Here is why you should care. The so called doc fix is going to cost taxpayers a few hundred billion dollars. But when Congress gets around to facing a similar problem with Obamacare, the same sort of fix will cost trillions.
Heres something that has been completely unreported by the main stream media and the health care media as well. One of the primary ways in which Obamacare is funded is through future reductions in Medicare spending. In fact, over the next ten years, the federal government is committed to cutting $716 billion in Medicare spending. And the cuts dont end at that point. They go on forever. Looking indefinitely into the future, Obamacare has saved the country nearly $53 trillion in spending on the elderly and the disabled!
|John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the Father of Health Savings Accounts.|
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to repeal and replace it. However, the question is: Replace it with what?