PA Dr. and Author Discusses Government Shutdown, Waste in Healthcare

Peter Kowey, MD. is an esteemed Cardiologist at the Lankenau Institute. His book, "Failure to Treat: How a Broken Healthcare System Puts Patients and Practitioners at Risk," discusses the issues affecting people seeking healthcare: mainly, financial waste. However, argues Dr. Kowey, the waste isn't where politicians seem to think it is. During his time as a doctor, he's seen outrageous administrator salaries, pharmaceutical sales practices, and advertising budgets. But in his opinion, the proposed cuts to insurance subsidies by federal Republicans are missing the source of the problem.He told Radio Catskill over Zoom:"One of my daughters works for the government. Nobody wants the government workers to suffer. That's a terrible situation. However, what the Democrats in this situation are arguing for is to change the drastic nature of the cuts in Medicaid and Medicare, and also in the supplements for Obamacare. They're right. If those things go into effect as they're currently in the bill, it will be a catastrophe for healthcare."He elaborated, "The big loser's going to be the hospitals. And the hospitals right now in this country are in (a) very tenuous financial situation."