Medscape October 18, 2017
The way that physicians get paid in the United States has changed quite a bit over the years. For example, a long time ago, doctors got paid directly by patients, which was no different from how you might pay a mechanic today. It was a fee-for-service system, which meant that the more a doctor did for you, the more you paid. But unlike a car, folks can’t walk away from bad health, and that’s where the private insurance company stepped in. And for those without private insurance, there were government-funded insurance options, like Medicare, which covers the elderly, and the Children’s Health Insurance Program, or CHIP, which covers children.
Doctors who took care of patients with Medicare or CHIP got...
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