“The estimate is that 70% of California’s physicians will not participate in the program. If accurate, this will create a nightmare for ObamaCare. The physicians in California are paid at Medicaid rates — far below costs. The physicians say they will not do it. Will 70% hold firm? No one knows. Will they be squeezed if they capitulate? Yes. Their practices will be put under price controls. Price controls produce shortages. Always. The people of California are going to get a firsthand look at what price controls also always produce: non-price rationing. People will sit in full doctors’ offices. They will pay with their lost time. Others will find that no physician will accept them.”
http://teapartyeconomist.com/2013/12/09/70-californias-physicians-will-opt-obamacare/
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