Detailed text transcripts for TV channel - FOXNEWS - 20111218:10:27:00
Incremental money it might cost them. >> peter, you say that price controls on medicare are a game of whack-a-mole, what do you mean. >> you think of the old arcade game and a table and holes in front you have and a big mallet. every time you whack one mole, another one pops up. if you look at the history of medicare payment reform, that's exactly what it looks like, because every time the government whacks one payment mole, okay, we're going to pay hospitals using this formula and it's going to control costs this way, that's what they did in the 1980's, guess what happened then. physician pay...
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