From the NCPA:
As the health care system changes drastically over the next three years, more doctors than ever are planning on retiring. The retirements will occur as autonomy decreases under federal oversight and income falls under price controls. A survey of 600 doctors finds that physicians are pessimistic about the future, says Everyday Health.
Six out of 10 physicians in the survey said that it is likely that many of their colleagues will retire earlier than planned in the next one to three years.
The survey, which was conducted by the Deloitte Center for Health Solutions, found that this perception is constant regardless of the respondent’s age, gender and specialty.
Fifty-five percent of physicians surveyed believe that other doctors will reduce the number of hours they work because of the changes that are occurring in the health system.
