A new study recently released confirms our worst fears: Many physicians in the United States regret having gone into the medical profession.
The study, conducted by HCD Research, reveals that 30% of physicians in the United States would choose a different profession today if they had the chance to start over.
The two main reasons cited by doctors for their dissatisfaction are negotiated rates and medical malpractice lawsuits.
This study’s revelation is all the more troubling given that Congress is considering the establishment of a new public health plan which would impose more “negotiated” rates on physicians.
The Wall Street Journal recently reported that “A growing number of doctors have stopped accepting or limited the number of new patients they see on Medicaid, a state-administered insurance program for the poor, because governments have been freezing or reducing payments to caregivers. As a result, the Medicaid reimbursements often don’t cover physicians’ costs.”
Why are policymakers flirting with legislation that will only serve to exacerbate the growing frustration of physicians?