As Healthcare Reform Takes Hold, 74% of Physicians Will Retire or Seek Other Alternatives

Medical Economics
Healthcare reform, should it survive legal challenge, repeal, and/or non-funding, will usher in a new era of medicine in which physicians will, according to a report in Modern Medicine, "largely cease to operate as full-time, independent, private practitioners accepting third party payments. Instead, they will work as employees, as part-timers, as administrators, in cash-only 'concierge' practices, or they will walk away from medicine altogether." Here are the details from Modern Medicine: These are some of the findings of a new report commissioned by The Physicians Foundation entitled "Health Reform and the Decline of Physician Private Practice". The report outlines provisions in the Patient Protection and Affordable Care Act (aka "Obamacare") and examines economic, demographic, and other forces impacting the way doctors structure their practices and deliver care. The report offers a…
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ObamaCare Repealed in the House

Health Headlines, Medical Economics
The House of Representatives resumed debate this morning on H.R. 2, legislation to repeal ObamaCare. A final vote came this evening, and it, as expected, passed easily with the new GOP majority in control. Also, in the "breaking news" category is a headline from American Spectator saying CBO Says Repealing ObamaCare Would Reduce Net Spending by $540 Billion. Haven't heard that from the liberal news media, have you? Unfortunately, Senate Democrat Leader Harry Reid called today's vote "partisan grandstanding," and again said that he won't allow a vote to take place in the Senate. Reid is using the same tactics that resulted in this lousy law being rammed down the throats of the American taxpayer to begin with. Here are some interesting facts from my friend, Gary Bower, founder and…
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Bedside Economics and Healthcare Reform – A Christian Doctor’s Response

Bioethics, Medical Economics
My dear friend, Al Weir, MD, is an oncologist in Memphis, TN. He has served in Africa as a missionary and served with the Christian Medical Association. He's just written a wonderful devotional called, "Bedside Economics" It is based upon Psalm 106:3, "Blessed are they who maintain justice, who constantly do what is right." Al's writings alway provoke me to deep contemplation. None moreso than this one: It has provoked me to deep contemplation. He was an oncologist transplanted from the Caribbean to Canada where he worked in a small British Columbia city. We sat beside each other at a medical meeting and began to discuss the economics of healthcare in both his country and mine. In discussing a given treatment regimen, both effective and approved for use, he made…
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The Cat’s Out of the Bag on the True Costs of the Healthcare Reform Bill

Medical Economics
My friend, Congressman Doug Lamborn, sent me a just published report from the nonpartisan, independent actuaries at the Department of Health and Human Services’ Centers for Medicare and Medicaid Services (CMS). Their analysis of the newly enacted Democrat health care overhaul has shocked people on both sides of the aisle. Among its many troubling findings, the report concludes that national health care costs will increase significantly over the next decade under the new law. Here's a short summary of the report’s key findings produced by the Minority staff of the House Ways and Means Committee: Health Care Costs Increase:  “National health expenditures under the health reform act would increase by a total of $311 billion (0.9 percent) during calendar years 2010-2019.” [Page 4]  The actuaries found the law bends the cost curve…
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Nearly One-Third of Doctors Could Leave Medicine if Health-Care Reform Bill Passes

Bioethics, Medical Economics
What if nearly half of all physicians in America stopped practicing medicine? While a sudden loss of half of the nations physicians seems unlikely, a very dramatic decrease in the physician workforce could become a reality as an unexpected side effect of health reform. The Medicus Firm has announced some astounding data from a recent national survey of physicians. Simply put, if the data are accurate, the passage of health reform as outlined in the current legislations may lead to a significant reduction in the physician workforce. Meanwhile, nearly one-third of physicians responding to the survey indicated that they will want to leave medical practice after health reform is implemented. The Medicus Firm, a leading physician search and consulting firm based in Atlanta and Dallas, found that a majority of…
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NOW the healthcare reform debate begins

Bioethics, Medical Economics
Healthcare Reform that Most Americans Support Christian Medical Association Labels House Healthcare Bill an “Overdose” That Threatens Patient-Physician Relationship Yesterday, the United States Senate began debating Harry Reid’s 2,074-page healthcare “reform” bill. Declaring that the nation is facing a “real crisis,” Reid warned senators that they would be working Saturdays and Sundays through the end of the year in order to finish the debate as quickly as possible. Should Reid’s legislation become law, the “reforms” wouldn’t take effect until 2014. So much for the crisis. But you will start paying higher taxes next year. The Democrats are determined to pass healthcare “reform,” but the American people are increasingly skeptical of their judgment. A Gallup poll released yesterday finds declining support for fake healthcare “reform.” Gallup found that since October, support…
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 10 – Switzerland

Bioethics, Medical Economics
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, in this last blog of this 10-part series, let’s take a look at the pro’s and con’s of the Swiss system. Michael Tanner, the director of health and welfare studies at the Cato Institute, is the coauthor of Healthy Competition: What’s Holding Back Health Care and How to Free It and the author of this series: I have…
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 9 – Italy

Bioethics, Medical Economics
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, let’s take a look at the pro’s and con’s of the Italian system. (more…)
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Christian Medical Association Labels House Healthcare Bill an “Overdose” That Threatens Patient-Physician Relationship

Bioethics, Medical Economics
The 16,000-member Christian Medical Association, the nation’s largest faith-based associaation of physicians, today said that the 2,000-page healthcare overhaul bill (HR 3962) introduced in the House of Representatives last week far exceeds the need for targeted reforms, instead injecting massive government intervention that threatens the patient-physician relationship. CMA CEO Dr. David Stevens, "This legislation is an overdose. With this massive legislation, we are getting much more than is actually needed to fix our healthcare system. What we need is a targeted reformation of areas needing reform, but this legislation is an attempt to totally transform our healthcare system into a government-run system that dictates what healthcare treatment each patient will receive. “The legislation introduced last week is coming to a vote way too fast. We have one chance to get…
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 7 – Norway

Bioethics, Medical Economics
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, let’s take a look at the pro’s and con’s of the Norwegian system. (more…)
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Do You Want the Federal Government Paying for All Abortions?

General Health
Just moments ago, Speaker of the House Nancy Pelosi revealed the federal healthcare “reform” bill that pro-abortion legislators have been working on behind closed doors. In just a few days, the Speaker wants Congress to vote on the bill. So our time to act and speak out to our legislators is very, very short. We must do so today. No one in this short time can analyze the many details of this bill, but one thing is sure: This legislation would radically change U.S. policy by having the government subsidize abortion on demand. So our message to Congress is quite simple: Keep our government from paying for abortions in any way. When you tell your legislators this simple message, you may get excuses in response. Don’t buy the excuses: The…
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What Lessons Massachusetts Holds for U.S. Health Care Reform

Bioethics, Medical Economics
Mark Trumbull of the Christian Science Monitor has an article, reprinted by ABC News http://abcnews.go.com/print?id=8899142, that I found instructive as we here in the U.S. consider national health care reform. A mandate on individuals to buy health insurance can work   just don't expect it to reduce the cost of care. That, in a nutshell, may be the lesson from Massachusetts as Americans consider healthcare reform ideas backed by President Obama. The message is significant, because Democratic proposals in Congress have big similarities to reforms that Massachusetts adopted in 2006. Common elements include: • A mandate on individuals to buy insurance. • Subsidies to help lower-income people pay for it. • Exemptions for people who don't qualify for subsidies and can't afford insurance. • An "exchange" where people shop for…
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 6 – Japan

Bioethics, Medical Economics
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, let’s take a look at the pro’s and con’s of the Japanese system. (more…)
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 5 – Germany

Bioethics, Medical Economics
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, let’s take a look at the pro’s and con’s of the German system. (more…)
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 4 – France

Bioethics, Medical Economics
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, let’s take a look at the pro’s and con’s of the French system. (more…)
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 3 – Great Britain

Bioethics, Medical Missions
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, let’s take a look at the pro’s and con’s of the system in Great Britain. (more…)
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An uninsured gorilla in Colorado Springs receives specialist service faster than a Canadian human might

Bioethics, Medical Economics
There's been big news at our local zoo, the Cheyenne Mountain Zoo, here in Colorado Springs. Rafiki,  a 25-year-old silverback lowland gorilla, took ill. When he did, medical attention was available immediately. Some of the finest doctors in the world converged upon him, determined to quickly find and fix whatever was wrong. Fortunately, his waiting time for tests was far less than many people in countries with nationalized healthcare. (more…)
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 2 – Canada

Bioethics, Medical Economics
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, let's take a look at the pro's and con's of the Canadian system. (more…)
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The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World – Part 1

Medical Economics
In the midst of our national debate about healthcare reform, people on both sides of the debate seem to pick and choose among the facts and myths about the nationalized healthcare available in a number of other countries. The fact is that every nationalized health care system in the world is battling issues of rapidly rising costs and decreasing access to care. But, these systems also have some very attractive benefits. So, let's take a look at the pro's and con's of each system. (more…)
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How many uninsured people need additional help from taxpayers?

Bioethics, Medical Economics
To my surprise, the most popular blogs I've ever written are on healthcare reform. So, now that we are on the eve of the Senate unveiling its healthcare proposal, I want to put you in the decision-maker's seat. Which of the uninsured would you cover, if you could make the decision? I hope you'll take the time to consider this blog and then post your vote in the comment section below. (more…)
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President Obama’s Speech on Healthcare Reform – Did He Lie?

Bioethics, General Health, Medical Economics
Earlier today, I gave you a report card you could use to grade the President's speech tonight on healthcare reform. By my count, the president failed (with a grade of 30 out of 100). Early returns showed others agreed with me. He graded 0% by 28% of voters, 10-30% by 50% of voters, 40-50% by 13% of voters, and 60-70% by 3% of voters. In other words, only 7% of voters gave him a passing grade. However what was most shocking was when South Carolina Republican Rep. Joe Wilson shouted "You lie!" during the President's speech. Not the most polite thing to do. But, who was telling the truth? The President? Or, the Representative? (more…)
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Healthcare Reform that Most Americans Support

Medical Economics
Readers have sent notes to this blog asking, in essence, "Dr. Walt, what healthcare reform do you support?" And, in his labor day speech about healthcare reform, President Obama had sharp words for those of us who have loudly opposed his proposals in public forums. He said, "What's your answer? What's your solution?" Then he said, "The fact is, they don't have one. It's do nothing." He could not be more wrong. So, here's not only what I support, but what most American's support. (more…)
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Grade the President’s Healthcare Reform Speech Tonight

Medical Economics
President Obama has had a month to listen to the American people on the topic of healthcare reform. For a month, thoughtful Americans have gone to town hall meetings in large numbers to oppose more spending, more government, and more Washington centered bureaucracy. For a month, the polls have gotten worse and worse for big spending, big deficit, high taxes, and big government. Tonight President Obama has an opportunity to show whether he’s listening to the majority of Americans or to his party’s radical leftwing. Here's how you can grade the speech: (more…)
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Do you support Obamacare? Don’t miss this!

Bioethics, Medical Economics
If you support Obama's nationalization of healthcare . . . if you support his vision of healthcare reform . . . you will find a recent investigative piece from ABC's John Stossel to be devastating to your delusions. If you are opposed to the nationalization or socialization of healthcare, you don't want to miss this. More Information: (more…)
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Don’t confuse Obamacare with Colorado’s healthcare reform

Medical Economics
President Barack Obama’s plan is to push American health care down the path toward socialized medicine. According to a recent Quinnipiac poll, a majority of Americans now disapprove of Obama’s health care plan, and around 75 percent of those polled flatly reject assurances from the White House that Obamacare will be “deficit neutral.” It is against this backdrop that the president arrived in Grand Junction, Colorado, yesterday, to pitch his socialized medical health plan. But, don't be fooled by his rhetoric. More Information: (more…)
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