Whose plan will save Medicare?
Dr. Donald Palmisano weighs in
- Duration 4:05
- Date Sep 23, 2012
Dr. Donald Palmisano weighs in
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-- President Obama has been repeating time and time again that Iraq meet -- ticket will mean the end of Medicare.
Their plan ends Medicare as we know what governor -- And congressman Ryan.
-- to give seniors about to buy insurance on their own their plan replaces guaranteed Medicare benefits.
With a voucher that -- keep up call.
But a leading physicians says the president's health care plan.
Is the one that will hurt seniors than most so here to break it all down for us from New Orleans is the former American Medical Association president.
And the author of this book the little red book on leadership lessons.
Doctor Donald Paul -- thank you so much doctor -- on -- for being with us.
-- any -- he really you're welcome let's break this down you say that Medicare will go bank -- if we continue with Obama care explained that's.
Yes in fact he can get that information from the latest report the Congressional Budget Office the nonpartisan.
For congress and by 20/20 two Medicare will go bankrupt it actually may go bankrupt before that because of the new health care law that the president.
And what will happen we have 48 million people on Medicare now by 20/20 two.
We will have.
Million you can get those numbers out of the Congressional Budget Office.
And the cost of Medicare at that point will go up sixty.
I'm sorry to go up nine.
-- about 90%.
And so what you have then is a system that will fail so the president says -- does present system well.
The system's not going to work what we need.
What the Romney Ryan plan as saying hey we have to be fiscally responsible and -- got to come up with a plan basically who has this plan already all the people in congress like the federal employees health benefit program and yes he lost to -- loss of access to care absolutely you'll lose access -- care because.
The physicians up price fixed with a formula called that it's advantage dog in the sustainable growth rate formula based on the gross domestic product.
And so in the first quarter of next year -- physicians are going to be cut 27%.
-- small business folks watching this program right now if you would tell all your overheads gonna stay the same but now you have to sell you product 27%.
Less and so doctors aren't getting out of the practice of medicine multiple surveys show that they're contemplating that all our.
There restricting the patients they take that not taking new Medicare patients that's not the patience that it.
Take a little not longer to get in with your doctor and then -- -- point you made was no incentive to have real competition explain -- Yes in other words what that Romney Ryan plan does the same thing that they have for the folks in congress.
You have an array of choices perhaps a hundred choices so you get the pick and choose as opposed to a centralized plant run by bureaucrats far away and we also have this independent payment advisory board that's part of the new.
Health care law that President Obama has advocated fifteen bureaucrats are gonna decide how much money the cut out of Medicare and it's gonna come out of physicians' payments and sell what you end up as loss of access to -- There's been so much this information the president 2000 and not said that surgeons get thirty to 50000 dollars for an amputation that's why there's no incentive to save delay that is nonsense and of the president on -- -- the folks to but giving that information about oncologists surgeons put that up on their website I was like a doctor wouldn't do that -- actually they get 740.
211 fought -- that includes ninety.
Days oppose operative case go to the American college of surgeons website they said it's misleading and dangerous in law doctor with a conscience would do that -- -- absolutely thanks so much.
That well on us on Thanksgiving with that thing this morning and your -- if you wanna buys the little red book on leadership lessons happened that day thank you --