It is not even noon the day after the election and THE MARKET is NOT HAPPY.. major indexes down 2.5% and not leveling off.
Obamacare seems now to be a absolute to begin in 2014. It could be a disaster for the entire healthcare system for numerous reasons
Some companies – mostly restaurants – have already stated that they are going to drop the majority of their staff to 29 hrs to keep the company from having to bear the cost of Obamacare.. the result… more people under employed… more people on Medicaid… more people on food stamps? But a lot of small/medium businesses may follow the same path.
Given the Feds history… adding 30 to 50 million to those who have some healthcare .. the Feds will expect the gross expenditures to remain constant for the entire covered populations.. meaning that allowables for medical services will be cut 10%-15%.
Surveys have indicated that 60% of senior physician will retire early if Obamacare is implemented… we are already losing two GP/FP to retirement for every one that is starting into practice.
Could this possible shortage of “front line” healthcare provider be the incentive to give RPH’s prescriptive authority or we – as a society – just have to deal with long wait times to see a healthcare provider?
Now that Obama is basically a lame duck… we may see the “real” Obama agenda emerge. Some will be financially harmed… some will be helped… only time will tell…
Filed under: General Problems
I think we can expect reimbursement to providers be cut. This is always the way government handles keeping expenditures down. Of course, it will back-fire, because, as you say, a lot of physicians will simply retire. Will this effect the urgent care/walk-in clinics? Will it effect the number of patients on medicare and medicaid that physicians will see? Will it effect our pharmacist salaries?