Dr. Bill Simpson’s story at Politichicks.tv shows the difficult choices that practitioners are being forced to make by ObamaCare if they want to stay in business.
The one expense that has skyrocketed over the last five years is the cost of my employees’ health insurance. Prior to 2009, health insurance premiums grew at a rate comparable to other expenses. Since the Senate passed the Affordable Care Act in 2009, the premiums have increased by almost 65%, this in spite of switching to a plan with a higher deductible. Last month I received notice that they will rise again on January 1st, an increase of 90% since 2009.
This kind of inflation wrecks the balance sheet in a small business. It was painful, but the math told me I would have to fire someone. If I could have kept just half of the premium increase, I could have found a way to keep my employee.
In the full article at Politichicks.tv, Dr. Bill Simpson discusses how narrow his margins are and how few options he has to keep his practice going.
If ObamaCare and the entire web of tightening regulations forces more practitioners out of business, what happens to medical care in rural areas?
Is urban medical care in closely packed cities at clinics and hospitals being subsidized at the expense of destroying rural practices in small towns?
It may be a question worth asking.





















