Recently many presidential candidates have endorsed Medicare for all. Many of these Medicare for all plans support abolishing private insurance. Such an action as abolishing private insurance would in all likelihood drop Podiatrist’s income by as much as 25%. Now, obviously Podiatrists that currently serve primarily Medicare clientele would have minimal impact. But Podiatrists that serve a mixture that leans heavily on private insurance would be most at risk.
If you do not believe me here is an article on how this would all occur :
Most Podiatrists do not currently realize how much of a price drop it is from private insurance to Medicare. In fact the Podiatrists most hurt by this would be Podiatrists in Medical and Orthopedic groups. This would target the highest earning Podiatrists. It would be fair to ask if many Podiatrists would have to end up closing their doors if Medicare for all were to pass.