Opting Out Of Medicare: Practical Tips for Opting Out
by Timothy C. Kriss, M.D. Dr. Kriss practices neurosurgery in Versailles, KY. This pamphlet is based on his presentation at the 60th annual meeting of AAPS, September, 2003. Opting out of Medicare begins with a philosophic choice. Believers in a free market will find government regulation and bureaucracy stifling, while others may find it tolerable. You must ask yourself whether participation in the program is consistent with your values. You may be able to serve your patients better—even Medicare-eligible patients—if you opt out. Opting out of Medicare also involves an economic choice. It will result in a loss of income—possibly... read more
Medicare Myths and Facts
What the Government Doesn’t Want You to Know by Lawrence R. Huntoon, M.D., Ph.D. Myth #1: Beneficiaries are just getting back what they have paid in. Nothing could be further from the truth. “Current recipients receive over $100,000 more in benefits than they pay in” (Medicare Follies With Orchestration, The Washington Times, June 27, 1997, by Doug Bandow, senior fellow at the Cato Institute). Medicare beneficiaries are under the impression that the money they paid in payroll taxes over the years was put into an actual fund somewhere, where it earned interest and grew over the years, and that fund is... read more