HV2020 Vertical Story 8: Section 8:Provide Appropriate Funding for Physician Services

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Feature Header: Section 8: Provide Appropriate Funding for Physician Services
For decades, physicians have given away their services for free to patients who could not afford to pay. However, today’s health care market makes this very difficult. Medicare and Medicaid, which now cover 36 percent of all health care spending in the United States, often pay physicians less than it costs them to provide their services. Commercial insurance companies’ payment rates, computed largely as a percentage of Medicare, have followed the government-run programs into the basement.
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