Medicare is in deep trouble because it is a single payer health care system that seeks to cut costs by, among other ways, restricting physician and facility compensation. As a consequence, we are seeing the ongoing collapse of the system as doctors restrict their patient load and cease providing optimal care. From the story:
Want an appointment with kidney specialist Adam Weinstein of Easton, Md.? If you’re a senior covered by Medicare, the wait is eight weeks. How about a checkup from geriatric specialist Michael Trahos? Expect to see him every six months: The Alexandria-based doctor has been limiting most of his Medicare patients to twice yearly rather than the quarterly checkups....Medicare in Trouble
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