• More Doctors Planning Early Retirement

     

    As the U.S. healthcare system changes dramatically over the next few years due to Obamacare, increasing numbers of doctors are planning to retire or scale back the hours they work, a new survey reveals.

    The annual poll of 600 physicians by Deloitte Center for Health Solutions found that six out of 10 doctors believe it is likely that many physicians will retire earlier than planned in the next one to three years.

    The survey also found that 55 percent of physicians think that doctors will scale back their practice hours “based on how the future of medicine is changing,” Deloitte stated.

    And 38 percent of doctors polled say Obamacare is “a step in the wrong direction,” while 44 percent say it is “a good start.”

    Other findings of the Deloitte survey:

  • Half of the doctors polled think that physician income will fall dramatically in the next one to three years, and 68 percent of those with a solo practice think that way.
  • Only 59 percent of primary care providers are satisfied with practicing medicine.
  • A quarter of physicians would place new or additional limits on accepting Medicare patients if there were changes to the Medicare program such as lower payments or a switch to vouchers.
  • Nearly three-quarters of those polled believe the best and brightest may not consider a career in medicine in the future.
  • Just one in 10 doctors thinks that medical liability reform will pass Congress in the next one to three years.
  • Only 31 percent of doctors would give the overall U.S. healthcare system a grade of A or B.

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