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Insurance scam exists in the form of Medicare Date published: 12/6/2009
Insurance scam exists in the form of Medicare
Talk about health insurance scams. Much of the health care uproar has been to counteract the reported claim that insurance companies change the insurance coverage when the insured person's claims become too costly. What if a person paid premiums of almost 3 percent of his earnings for more than 40 years before filing a single health care claim, and just as he was about to start submitting claims, the insurance company said they were going to reduce the amount paid for treatment by 25 percent? Would one consider this to be an insurance sham? Shouldn't there be an investigation by congressional committees into this failure to honor the insurance policy? Wouldn't we expect to see various senators and representatives lined up in front of microphones acting very indignant over this? It is happening. Let me introduce you to Medicare, but don't expect any congressional hearings. Medicare is a health insurance program that was created in 1965 by a Democratic Congress and signed by a Democratic president. The government has required the baby-boom generation to pay health insurance premiums over their entire working careers. Now on the dawn of being able to start submitting claims, a Democratic Congress, in order to pay for the proposed health care "overhaul," has decided that it will reduce the amount paid for the physicians who will be caring for this generation by 25 percent. I guess if Congress holds hearings into the major abuses in health insurance programs, it should hold them in a "house of mirrors." Anthony Dahm Caroline
So, just what % of your son's pay is malpractice insurance? It might not matter to him, but it will to a MD just starting. Why the obfuscation?
If you're interested in seeing what doctors actually earn after three years in service look at this: http://www.allied-physicians.com/salary_surveys/physician-salaries.htm. Just looked at one of my specialty doctor's salary ... $700,000+ a year and he ISN'T a surgeon. Probably much more: He's got a home, a lake home, two vacation homes in Mexico and on and on .... He EVEN used to volunteer one day a week to a free clinic. But I guess he got busy. But one of my doctors volunteers in Haiti! Thank you.
about malpractice insurance (he's not a surgeon) .He complains that Medicare and Medicaid don't pay enough! Talking about Malpractice, do you remember the guy that went into the hospital to have his right foot cut off and the Doc cut off the left one. Something about being in a hurry to watch a football game. What do you think thats worth?
Your son is a doctor. What % of his salary is malpractrice insurance?
http://www.payscale.com/research/US/People_with_Doctor_of_Medicine_%28MD%29_Degrees/Salary
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