Want to know what medical care will be like if we get so-called Medicare for All (MFA) that Democrats are proposing? Well, here ya go: "Why the UK Suddenly Is Suffering from a Physician Shortage."
Why? Because MFA's costs are so incredibly high that massive tax raises will be enacted in the vain hope they will pay for it. They won't, but the taxes will still be levied. And as goes the UK will go the USA:
The NHS is in a state of perpetual crisis characterized by doctor shortages, long wait times, and rationing. The UK lost 441 general practitioners last year and had 11,576 unfilled vacancies for doctors as of last June.The respected Financial Times explains:
An investigation [in March] by the Financial Times found widespread evidence of consultants refusing to take on extra work to clear patient backlogs fearing extra pay would bust tax allowances on their pensions contributions, triggering five-figure tax bills. …The tax system is so labyrinthine that some doctors discover they actually have negative income flows - it costs them more out of pocket to stay in practice than to leave it.
[T]he Department of Health conceded that around 3,500 consultants and GPs had retired early over the past three years due to pension tax charges.
Doctors respond to these perverse incentives the same way many rational actors would: by closing up shop. All parties agree the UK’s progressive tax policy triggered this cascading medical shortage.But fairness, comrades! Onward to the future!
Posts
