It’s only a matter of time before physicians will be forced to accept Medicare and Medicaid.
It’s those programs that caused the increase in health care costs. Once the government got involved and mandated their reimbursement schedule things spiraled out of control.
Look at the two areas of medicine which the government hasn’t set the reimbursement rates: cosmetic surgery and lasik surgery. Costs have gone down in those areas.
When they do that, look for lots of doctors to “retire”—or sit it out until we can accomplish a regime change.
Right conclusion...wrong reason. The reason is because more doctors chose those areas at a time when the price of such surgeries were very high. Given the huge time lag between seeing high surgery prices for cosmetic surgery and the time to train and be board certified, it's only lately that prices have fallen due to more competition from more cosmetic doctors. As the prices have fallen, more people have elected to have such procedures. It's ALWAYS supply and demand if you look deeply enough.