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December 22, 2005

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ThomasD

Color me confused. In one post you make dire warnings about the proposed Medicare cuts, purported to be approximately 4%, and then in another post propose cutting payment for prescription drugs by over 40%.

I fail to see how one is horrible healthcare policy while the other is sound market practice. Are you suggesting that healthcare professionals will no longer provide services in an era of reduced reimbursement? While drug manufacturers will continue to develop and sell product?

How much of the wonder of modern medicine has been built on the very products that have been developed and marketed in the last 30 years? Where would the medical profession be without this steady stream of wonders? Would the levels of accomplishment anywhere approach the current levels of reimbursement? How else to justify the expense? How else to argue that patients will suffer when providers are faced with a 5% reduction in revenue?

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