Ryan Would Shrink Medicare's Doctor Pool

Peter Orszag, Bloomberg
The federal budget proposed by Representative Paul Ryan, the Republican vice-presidential nominee, extols the benefits of "promoting true choice" for Medicare beneficiaries. In truth, though, the Ryan plan would substantially reduce choice for many people on Medicare -- by cutting them off from their current doctors.Doctors see Medicare patients, despite the relatively low payments they receive for doing so, partly because Medicare represents such a large share of the health-care market. If a substantial number of beneficiaries moved out of Medicare and into private plans, as Ryan...

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