Saturday, August 22, 2015

ObamaCare’s Doctor Shortage

                                     
The Law of Supply and Demand applies to MDs and other health providers as it does to all commodities.
                       
You may tell the public you will increase their ability to get medical care. But to do so, you must also increase the number of doctors, and medical facilities, plus aides.
                       
It takes about eight to ten years to educate and train a student willing and smart enough to become a doctor. At a cost of at least $100,000.
                       
ObamaCare attempts, in part, to cut health costs through a reduction of doctor income. This would make it tougher to explain the investment or acquired debt of becoming a doctor. Why train so hard for so little compensation? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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