Oh what a surprise. Of course, it couldn’t have much to do with cold hard reality?
The problem with the price-fixing scheme is that it’s narrowing the list of providers. Doctors can’t pay for their own costs now, and cutting reimbursements by 21% will only make the situation worse. It will force more providers out of the Medicare/Medicaid markets, the latter of which Congress expanded to include millions of new clients, which actually makes the situation worse for providers who want to remain part of the Medicaid system. The flood of new patients will displace those covered by private insurance, which will force them to go out of business or get out of Medicaid.
Of course, we knew that before Congress began to debate ObamaCare — and so did the Democrats….
Well I’m not so sure about the 24 square miles surrounded by reality.
… and of course there’s the obvious conclusion:
On April 1st, the illusion ends. When those cuts don’t go into effect, ObamaCare becomes a deficit-expanding program — and that’s assuming that the rest of it works as advertised, a very large assumption that flies in the face of experience from every government entitlement program ever created.
(emphasis added – ed)
It seems more government spending and more taxes will solve all of our problems. Pathetic.