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ObamaCare vs. health care

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    Dr. Marc Siegel on the added costs of the Affordable Care Act

  • Duration 4:38
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Doctor I'm guessing it's pretty clear he's not a big fan of -- -- as well as the impact that it's gonna have on providers and patients.

But -- of additional cuts to Medicare because of sequestration.

He says medical professionals are living on the edge joining me is doctor Marc Siegel of the Fox News medical -- to.

-- -- -- -- This Medicare cut because a lot of people don't understand that one of the plans have.

-- -- balancing the budget is to cut the payments to doctors hospitals.

Rehab centers.

How does that help improve health care.

Well I don't think it does governor I mean the secret of Medicare is that -- already living on the edge with Medicare both doctors and patients are on the -- -- Because we -- know doctors -- know -- -- -- -- Medicare patient with all due respect to our seniors out there.

Medicare patients tend to have more problems.

They tend to have a longer laundry list they have take longer time for me to take care of they need more technology we've always like Medicare because it doesn't restrict us.

Now the more restricted we get the more medical problems we might have the solution for but that we're not allowed to order.

The more time it takes and now the less we're being paid -- that 2% to makes a big difference even 2%.

-- our fees are being cut across the board and our expenses are going off.

-- Obama -- one of the factors is that there are very specific things that are covered and not covered.

So in a way it is obamacare.

Sort of preempting your ability to practice medicine in giving -- a list and saying you can't do this -- you can't do that.

I think that's right and I think that for the smaller group that doesn't have any insurance.

But obamacare offers an advantage but for the larger group for most of us obamacare has been very vocal about what it wants to cover.

You know prevent a so called preventive services everyone should have birth control -- really should -- colonoscopy is every once you don't mammograms.

I'm worried.

About technology about the high tech solutions about chemotherapy you know Avastin isn't covered in a lot of countries where there's too much regulation just to give you one example.

Hi tech solutions are really important to us in the really important to our patients and they're gonna be in jeopardy.

Another factor we're just learning is that every employer's gonna have another 63 dollars per employee added.

As an extra tax on the provision of obamacare these cost.

Have to be passed on some where are they have to be cut from what doctors and other providers are gonna get.

How is that going to affect the the impact on a patient.

Governor I want to give you an idea what kind of money we're talking about here.

The United Auto Workers has 805000.

Employees are -- 63 dollars means fifty million dollars when you -- that up.

-- 405000.

Employees.

Or people that are dependent on their insurance that means 25 million dollars that's an enormous amount of money for a company to have to handle of course.

That gets -- -- to the consumer either in terms of higher premiums or dropped policy.

It's you know there are a lot of doctors who just getting out of medicine and not that many coming in to replace him yet we're about to add.

Tens of millions of new people.

To the health care system.

If you were having to make the decision to start medical school today knowing what you know about obamacare and the trends we're facing would you do it.

Governor I would do it and you know why because I love medicine but a lot of people wouldn't do it and throughout my -- -- training I've talked about a lot to a lot of doctors who said you know.

If they make it any harder for me I might not be able to do it or they might find ways to work with it that you might not like.

You know they might cherry pick their patients they might say I'll take cash only you once said famously on the show you want some -- operate on my brain pay him a lot of money -- -- Absolutely.

What can the average American do to protect himself.

Against what may be very restrictive obamacare terms well I think that the most important thing we -- -- -- people today is can we somehow moved.

The system back and direction of payment out of pocket.

Health savings accounts.

Get a tax advantage for -- and not what I call nonessential services if you come to see me for a common cold.

You don't want insurance to cover that if you're in the middle class because of insurance covers it.

Your premiums are gonna go up we need more payment out of pocket what's not been reported enough is that a lot of -- come a lot of countries that have universal health insurance.

They have a much more of the patient having skin in the game and that's what we need here.

I'm afraid it may be Nancy Pelosi was -- -- at least one thing will know what's obamacare after we pass it.

After -- we've suffered from you -- Very well -- -- our hearts go right ahead.

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