Americans want the broken Medicare system fixed

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Americans want the broken Medicare system fixed
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Americans want the broken Medicare system fixed WashTimesOpEd

reimburses physicians has dropped precipitously — by 26% when adjusted for inflation and practice costs. At the same time, the cost of running a physician practice has increased by 47%, while economywide inflation has risen by 73% in that time frame.physician payments means that physicians won’t receive any inflationary payment updates until at least 2026. After that point, updates will resume at a scant 0.25%, still far below the inflation rate or the cost of providing care.

Cuts are not reforms. The bottom line is that too much federal money is flooding the system, causing distortions. But again, that is not the fault of doctors and patients. As usual, with a system like the one we have, the large institutional health care providers in large metropolitan areas make the big money while the smaller, rural independent practices get shortchanged.

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