Thursday, March 11, 2010

Government Health Insurance and New Doctors

The Law of Supply and Demand applies to health providers as it does to commodities. This is a dirty secret politicians never mention.

You may tell the public you will increase their ability to get more medical care. But to do so, you must also increase the number of doctors, along with their facilities and aides.

It takes about eight to ten years to educate and train a bright young student willing to work hard enough to become a doctor. At a cost of at least $100,000 in tuition.

Administration and congressional health care law sponsors are selling the health insurance bait/switch, in part, by trying to cut health costs through a reduction of doctor income.

This would make it tougher to reduce the investment or acquired debt of becoming a doctor. Nobody mentions training new doctors at government expense and if it ever happened, why train so hard for so little compensation?

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