Did you get a second opinion?

I ask this for a few reasons- (first, this is not medical advice.)

You have a degradation of the cervical spine at several motions segments. (I've never heard of 'hemoraging discs'...discs have no blood supply.... wonder why you were told this.) But this degradation is leading to nerve root compression- the foraminotomy will just remove the bony processes that are- along with bulging discs or reduced disc height- compressing the nerve- but will not eliminate the structural issues. As this degradation progresses, you have things like instability, spondylolithesis (vertebral bodies not in alignment) that can occur ....which will mean fusion time.

Make sure you are getting a global assessment that balances the current symptoms, future possibilities and all the risks.

Good luck

A