Thursday, May 29, 2014

Who profits from Obamacare? It's not patients, and it's not physicians

This link from the NY Times highlights an important point about current health care changes - they are shifting money AWAY from care, and TOWARD support of infrastructure

Physician salaries are going down, and accordingly, so is the incentive for talented people to go into medicine, or stay in medicine.  Physicians are retiring early, sometimes as early as in their 30s.

On the other hand, administrator salaries are increasing, and outstrip that of physicians.  According to this NY Times article, the average hospital administrator makes 43% more than the average family physician.  Does that make sense to you?

It's important to remind patients- buildings do not take care of patients.  People do.

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