Nov
12

Healthcare Headache

While Medicare for All offers advantages, be careful. Eliminating private insurers, the gate keepers who reduce access and overuse, will result in greater demand. If reimbursement rates are much reduced, doctors will earn less, time per patient will decline, and fewer doctors will graduate. Lower drug prices will reduce innovation and bringing healthcare cost growth/year down to GDP growth/annum is nigh impossible given demographics and inevitable patient and provider backlash.       

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