In that post we pointed out:
If Gov. Romney has enough cash to pay his medical bills he probably doesn't need Social Security, but . . . if he wants to pay cash for his post age 65 medical bills he may run in to a problem.The 1997 Balanced Budget Act, Section 4507, forbids "private contracts" between doctors and patients, essentially making it illegal for a doctor to bill a (Medicare age) patient for services rendered. Private patients cannot pay cash for a Medicare covered service unless the doctor has opted out of Medicare.So if Gov. Romney (and other wealthy individuals) need medical treatment they will be limited to providers that are not accepting ANY Medicare patients.
The folks at Politico must be readers of InsureBlog.