To Whom It May Concern:
We, the citizens and physicians
of America, petition the US government to continue the Public Service Loan
Forgiveness Program without establishing caps to future physicians. Per the
American Medical Association, the loan of medical school graduates is $ 170
000.
The implications of this cap on future physicians with a concomitant
decrease in reimbursement are multiple fold.
Physician satisfaction translates to
increased patient satisfaction and better outcomes. Patients cared for by
satisfied physicians declare more trust and confidence in their physicians,
have better continuity and higher ratings of their care.
Higher job satisfaction is associated with
lower likelihood of patient errors and suboptimal patient care.
Physician satisfaction can be influenced by
intrinsic and extrinsic factors.
Modifiable factors associated with
physician satisfaction are: income/incentives, physician autonomy/control, work
demand and collegial relationships.
Placement of a cap on the Public Service
Loan Forgiveness Program may potentially decrease motivation and satisfaction
of future physicians, especially with the trend in decreasing reimbursements.
Health care reform can only be attainable
with addressing physician dissatisfaction. In fact, According to a recent
article published in the Mayo Clinic
Proceedings (December 2013) middle career physicians (between 10 and 20 yrs
of clinical experience) were more likely to be planning to leave their current
practice out of frustration and to pursue a career that involved no direct
patient care or was outside medicine altogether. “These findings are
particularly concerning because middle career is often the most productive time
of a physician’s career in terms of the amount of patient care provided. ..In
addition, organizational costs for a hospital or practice group to replace a
physician can be staggering with some studies suggesting that replacing a
single physician can cost $115, 000 to $587,000, depending on specialty”.
Already many physicians, discourage medical
students from entering medical school for the aforementioned reasons. The cost
of physician dissatisfaction is too high. Attempts to decrease the costs of
health care without addressing physician satisfaction are futile.
my loans are already killing me. adding a cap on top of that is just going to push doctors away from the communities that need care the most. fix this.