Editorial

Medicare and Medicaid are
on the brink of insolvency,
and you’re not just a bystander

The federal government might resuscitate these two popular benefit programs by siphoning revenue from private medical practices

Editor in Chief
obg@qhc.com

Medicare and Medicaid are two of the most popular government benefit programs. They secure the health of the poor, the disabled, and the retired by encouraging physicians to provide easy access to their practice for those who are covered.

Medicare and Medicaid are also two of the most expensive government programs ever devised, and they are drifting toward insolvency. That could trap your practice in a vortex of ever-decreasing practice revenue and ever-increasing practice costs. Here’s how such a scenario might unfold as 2011 draws to a close and powerful forces and events in politics, government, and business promise to intersect in the new year.