We Are Heading For The Greatest Doctor Shortage In American History
By Michael Snyder
November 5th, 2013
The United States already has an emerging shortage of doctors, and thanks to Obamacare that shortage is about to become much, much worse. Right now, the U.S. has close to a million doctors, and about half of them are over the age of 50. Many of them are beginning to wonder if practicing medicine is worth it anymore. In some specialties, treating Medicaid and Medicare patients pays so little that many doctors are now turning them away. Other doctors are charging their regular patients enormous amounts in order to make up for the money that they are losing on Medicaid and Medicare patients. And of course the paperwork and the red tape imposed on doctors by the health insurance companies and the federal government gets worse with each passing year. Some doctors actually spend more time filling out paperwork and dealing with red tape than they do seeing patients. On top of everything else, there is the constant and never-ending threat of being sued by predatory lawyers and losing everything. The giant malpractice insurance premiums that many doctors have to pay are an extreme financial burden on many practices. When you add it all together, it really is not surprising to learn that large numbers of doctors all over the nation are being driven into bankruptcy. Unfortunately, Obamacare is going to make all of the problems that I have just discussed even worse. This is going to result in much longer waits to see a doctor, and the level of health care in this country is going to go down substantially.
Most Americans don’t realize that we already have a shortage of doctors in this country. According to CBS News, right now there is “a shortage of 20,000 doctors nationwide”.
But that isn’t too bad. We could get by with that.
Unfortunately, at the moment close to half of all doctors in the United States are over the age of 50. And thanks to Obamacare and other changes in the health care industry, many of them are fed up and would like to retire.