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My instinct is to believe Single Payer would decimate physician income in the United States, but I saw an attending in another thread mention that CMGs support a shift towards this model as it would supposedly lead to more, not less, money being channeled through emergency rooms. I suppose out of all the specialties EM would take the smallest hit from such a transformation, since so many of your patients currently don't pay a dime. On the other hand, not many total joint replacements etc are being done gratis as it stands, so fields like Ortho have all downside and no upside from single payer.
I guess the answer here depends on the following: will the financial gain from turning current no-pays and Medicaid patients into Medicare patients outweigh the financial hit from turning the privately insured into Medicare patients? Obviously this would be greatly site dependent, as sites which have a terrible payer mix today would likely benefit, while EDs near tony suburbs would take a huge hit, but I'm curious what you guys think would be the overall impact on EM compensation under universal Medicare, given that as attendings you have actually seen revenue flows by patient type out there in the real world.
(Obviously doctors would be screwed regardless, because even if your salary only goes down by 10-20% under single payer, what's left would face massively increased taxation to fund the socialized system. Doctors are in the worst position possible here: have enough money to be worth fleecing but not enough to buy yourself out of it like the rich).
thehillcom/policy/healthcare/375376-democrats-march-toward-single-payer-health-care
I guess the answer here depends on the following: will the financial gain from turning current no-pays and Medicaid patients into Medicare patients outweigh the financial hit from turning the privately insured into Medicare patients? Obviously this would be greatly site dependent, as sites which have a terrible payer mix today would likely benefit, while EDs near tony suburbs would take a huge hit, but I'm curious what you guys think would be the overall impact on EM compensation under universal Medicare, given that as attendings you have actually seen revenue flows by patient type out there in the real world.
(Obviously doctors would be screwed regardless, because even if your salary only goes down by 10-20% under single payer, what's left would face massively increased taxation to fund the socialized system. Doctors are in the worst position possible here: have enough money to be worth fleecing but not enough to buy yourself out of it like the rich).
In another sign of the increased prominence of single-payer among Democrats, many lawmakers seen as top contenders for the party’s presidential nomination in 2020, including Sens. Kamala Harris (D-Calif.), Cory Booker (D-N.J.), and Elizabeth Warren (D-Mass.), are backing Sanders’s latest Medicare for all bill...
...“I don’t think there’s any question that a lot of Democrats think this is very safe ground now,” said Rep. John Yarmuth (D-Ky.), who signed onto a Medicare for all bill in the House, along with 120 other Democrats, which is a majority of the conference...
...“I think it’s pretty clear that this where we are going as a party,” Jim Manley, a former staffer for Sens. Ted Kennedy (D-Mass.) and Harry Reid (D-Nev.), said of single-payer.
thehillcom/policy/healthcare/375376-democrats-march-toward-single-payer-health-care
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