But it was the frustration of the deans of the medical school because Medicare had come up with a ruling that was a retroactive ruling of how they are going to pay for medical school residents. Now I do not necessarily disagree with the details of what they are talking about doing, but the problem is they are going to go retroactive back to 1992 or so. That was it could bankrupt our medical schools; it was unbelievable. I hate anything retroactive. We have retroactive death taxes here, a couple of years ago President Clinton's bill, but the thing is when you go retroactive, and they feel so helpless down there, the deans of the medical schools; we cannot afford these millions of dollars retroactively. We have got to pay back. If you are going to change the policy, fine, change it, give us the right notice. We will work under whatever rules Washington's bureaucracy decides.
Jeff Miller: “But it was the frustration of the deans of the medical school because Medicare had come up with a ruling that was a…”
Editor's note · Context
Discussing the impact of retroactive Medicare rulings on medical schools.
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