If you’ve ever wondered why some doctors are no longer accepting Medicare, you’re not alone. According to this article in the New York Times, the specialists are doing very well with Medicare reimbursements.

Since the 1970s, Medicare beneficiaries have had the option to receive their Medicare benefits through private health plans, mainly health maintenance organizations (HMOs), as an alternative to the federally administered traditional Medicare program. The Balanced Budget Act (BBA) of 1997 named Medicare’s managed care program “Medicare+Choice” and the Medicare Modernization Act (MMA) of 2003 renamed