[ilovetv]

Producing more medical school graduates will not solve the problem of too few residency program slots in which to do their primary care or specialty training--which they have to have.

"......A physician shortage in the U.S. was expected even before the Affordable Care Act was signed into law in 2010, according to the Association of American Medical Colleges. Now the group estimates that there will be a shortage of 63,000 doctors by 2015 and 130,600 by 2025.

The shortage is a result of several factors. A large number of medical professionals are reaching retirement age, as is a large group of patients: Nearly 15 million will become eligible for Medicare in the coming years, the Association of American Medical Colleges reports.

On top of that, there is a lack of residency spots available for students graduating from medical school. In 2011, more than 7,000 were left with degrees that said "M.D." but no place to continue their education, according to the National Residency Matching Program.

Why your waiter has an M.D.

Many residency spots are funded by Medicare, and there's a cap on the number a hospital can claim each year. That number, about 100,000, has remained steady since 1997. While the Affordable Care Act will redistribute some unused residency slots and increase funding for the National Health Service Corps, more needs to be done, advocates say.

"There will be real physician shortages if we don't do more to lift the residency cap," said Dr. Atul Grover, the Association of American Medical Colleges' chief advocacy officer......

Your health care is covered, but who's going to treat you? - CNN.com

"Medicare funds the vast majority of residency training in the US. This tax-based financing covers resident salaries and benefits through payments called Direct Medical Education payments. Medicare also uses taxes for Indirect Medical Education, a subsidy paid to teaching hospitals in exchange for training resident physicians. For the 2008 fiscal year these payments were $2.7 and $5.7 billion respectively. Overall funding levels have remained at the same level over the last ten years, so that the same number or fewer residents have been trained under this program.

Meanwhile, the US population continues to grow older, which has led to greater demand for physicians. At the same time the cost of medical services continue rising rapidly and many geographic areas face physician shortages, both trends suggesting the supply of physicians remains too low.

Medicare finds itself in the odd position of having assumed control of graduate medical education, currently facing major budget constraints, and as a result, freezing funding for graduate medical education, as well as for physician reimbursement rates. This halt in funding in turn exacerbates the exact problem Medicare sought to solve in the first place: improving the availability of medical care....."

http://en.wikipedia.org/wiki/Medicare_(United_States)