So, you think you’re frustrated with Obamacare? Maybe you’re one of the people that have had problems signing up on the very busy websites this week. You’re not the only ones who are stressing out over the Affordable Care Act. Your doctor probably is, too.
That's because they are going to have a lot more work to do. There will be more patients to see. There will be more red tape to cut through. And less money to make.
“Reimbursements are being cut yet financial demands are going up. The math just won’t add up,” KTRH Medical Expert Dr. Joe Galati said.
Houston doctor Robert McWilliams told KTRH that, “They are not going to like the reduction in their salary. They will not like the increase in their overhead and paperwork. Doctors are not going to put up with that,” McWilliams said.
McWilliams says Obamacare is causing him to retire. Many doctors he talks to are thinking about it.
“There will be 30 million more patients for doctors to see. Who are the doctors that will leave first? The Medicaid and Medicare physicians who get the cheapest reimbursement rates of all physicians,” McWilliams explained.
Galati says there's another problem no one is talking about. More people are deciding not to get into medicine.
“They are concerned that they are getting into a career that is financially going to be poor,” Galati said.
There's already a doctor shortage in rural areas, and Galati says Obamacare will lead to a shortage in urban areas too. One that will take a long time to fix.
Galati said, “It’s going to take 10-15 years to get enough new physicians trained and motivated to go into medicine.”