OCTOBER 2012 VOLUME XXXVII NO. 4
Presidential Viewpoints Gregory M. Christiansen, D.O., M.Ed., FACOEP
The Season of Change
This is the season of change. Summer’s heat is finally acquiescing to the blowing winds of the fall season. It reminiscently captures the excitement of a new, but familiar experience like the start of a new school year or training with the team for a run at the title. It is a great time of year. Cool mornings and warm days bring dazzling fall colors to the landscape. It’s a time for enjoying the aromatic flavor of pumpkin pancakes and turning crisp apples into irresistible pies. Using the metaphor of the harvest season, this is the time when we reap the fruits of our labor. After almost a year’s worth of work, the changing season is the time when we gear up for the impending transition. Against the backdrop of the cacophony of migrating birds echoing in the distance, the coming change portends the need to listen up and prepare for difficult times ahead. 2013 will soon be upon us and with it will be significant change. If you are a seasoned veteran this cycle may be predictable. If you haven’t
experienced the possibilities, then the piqued season may be deceiving. This serene season is a great time to reflect and review. With so much uncertainty, the wisdom of an experienced mentor can provide solace and alleviate anxiety. Mentors can use their wisdom during this time to guide their mentees on the winds of change. Their experience can offer sound advice because despite the beauty, the vibrant colors and apparent bounty of the season, it could all change. The ACOEP is mindful of its presence and is thankful for all of its members who have made the ACOEP a success. It is the team approach which defines our organization and is an acronym for ‘Together Everyone Accomplishes More’. While we embrace these values we also need to consider repositioning ourselves in this uncertain environment to meet our strategic planning goals. Standing on its principle, the ACOEP remains committed to excellence in emergency care and serves as the cornerstone for osteopathic emergency physicians. What changes can be expected in 2013? We can count on at least two actions to occur which will affect our membership. On the political front there will be the election affecting the power structure of the country and the future of health care policy. On the fiscal side, your financial outlook must consider the fact that your taxes will not go down. In case you were not aware, 2013 will usher in new rules which will result in higher income tax, The PULSE OCTOBER 2012
payroll tax and estate tax rates. Tax credits will be scaled down and the tax code will be expanded as a result the Affordable Care Act. Yes, there are 5 major new taxes under the Affordable Care Act including the surtax on investment income and increased Medicare payroll taxes. The other major revenue source for the government will come from fines levied against those deemed as perpetrators of fraud and abuse. The expanded powers of the Recovery Audit Contractors (RAC) have already produced a windfall for the effort. All in all, the average American will pay… not hundreds… but thousands of dollars more to the government in 2013 than in 2012. There is little if any chance of stopping these taxes before they go into effect based on the current political party differences. As a result of the stalemate, the economic outlook is not optimistic. Wall Street has a persistent 1.2 billion share decrease in trading volume reflecting the 30% decline in household wealth. There is stubbornly high unemployment with the threat of a second credit bureau downgrade if the national debt is not curtailed. To top it off the Congressional Budget Office (CBO) recently predicted a worsening economy. Since political power directly affects the health care delivery system, what can we do in this political season of change? First of all, we need to recognize how significant this election will be to our profession. Simply, we need to prepare for this political continued on page 6
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