It's getting harder and harder to take such actions and rhetoric by Physicians seriously. Here's a story from 1984 when Reagan signed the Deficit Reduction Act. LINK "The Deficit Reduction Act, signed by President Reagan on July 18, froze Medicare physician fees through Sept. 30, 1985. Under the law, doctors who violate the freeze by raising their charges to Medicare patients may be excluded from the program or be required to pay a civil penalty up to $2,000.
Dr. John J. Coury Jr., chairman of the board of trustees of the American Medical Association, said the new law ''will deny Medicare beneficiaries the ability to select the physician from whom they will receive care."
Sound familiar? This dog and pony show has been going on for three decades.
And at the time you heard the same old story. "Huge student loan debts", "years of schooling", "cant break even", or "I'm going to close my practice" and yet if you fastforward two decades the number of Physicians is at an all time high and the average salary of a Physician ranks in the Top 2% of the American population. So much for being impoverished.
If Dr. Bhushan thinks he/she can deliver care to less patients on a cash-basis and do better then more power to them. I'm sure there are business models and locations where this may work very well. History suggests that such comments are just empty rhetoric.
This post was edited on 2/26 at 8:54 am