Once again, Congress pretends to have fixed the unfixable: The way Medicare pays doctors. An earlier blog entry describes how Medicare pays physicians by using a method that puts the old Soviet Gosplan to shame.
However, Congress is not able to correct this, because of the “cake and eat it too” approach of organized medicine’s lobbyists. They want effectively unlimited access to taxpayers’ money without political control.
Read the entire column at John Goodman's Health Policy Blog or the Independent Institute's Beacon blog.