“In medicine it is extremely difficult to collect what it costs you to do business because the insurance companies see what the FG is paying through mediscare and try to reimburse that paltry amount.”
Let’s return to capitalism. It’s the only way to save medicine and keep the government from collapsing under a system that already absorbs 17% of our economy. Get rid of all the nanny government oversight. Let people buy the meds they need at a pharmacy, without need of a permission slip from a doctor. If you want to go to a doctor, pay cash. If a doctor’s knowledge is not worth the cash it will cost you, then do without.
Doctors should not be dependent on insurance companies or the government for their pay. They should be like all partipants in a capitalist society—they should depend on the market for their services based on their own talents and abilities—not on the government giving them a monopoly on the use of essential medications and services.
Currently I collect about 1/3 of what I bill. Medicare and insurance companies pay what they wish, and refuse to pay market rates. Wish I could go into home depot and tell them I will pay 1/3 of the cost of new carpeting!