Before retiring 4-5 yrs ago, I was reimbursed (paid), in my private practice, only one-third of my normal rate. But, because I gave Medicaid patients full service, I was inundated with Medicaid patients. Despite their abundant numbers, their reimbursement handled only the fixed costs of my practice.
I trust that is true. I can believe it when a doctor says he’s barely making it, when he’s only pulling in $300 grand, because you have expenses like your student loans or building, nursing assistants, etc.
But that probably would stop Obama from playing class politics.