When they do that, look for lots of doctors to “retire”—or sit it out until we can accomplish a regime change.
You’re right. Physicians in their 50’s will retire. I personally know quite a few who plan to do that. They’re not just talking they are actively taking steps preparing to do just that.
I frequently suggest to those doctors who cannot retire—try to take a long sabbatical, maybe a year off while it all shakes out.