I'm a conservative.
But even I realize that our health Care system is screwed.
Pharmacutical companies are gouging us out of our retirement savings.
Insurance companies are gouging us out of our 401k's.
Doctors and hospitals are performing unneeded procedures and prescribing unneeded drugs for profit.
I'm all about profit - but not profit over deceit.
And not profit over the well-being of American citizens.
I always thought the federal government was fundamental for our national defense, and national defense only.
Not any more.
Get rid of Medicare and Medicaid. Both systems are abused and bankrupt.
Have a single payer system. Tack on 5% on our paychecks and have the government have oversight.
Everybody has health care.
I hate to say it, but that's what it's come down to.
Complex issue. But you are correct. A 'for profit' healthcare system doesn't work.
How do people that are retired have 5% taken from their paychecks? Do self employed people pay 10%? Medicare fraud is perpetrated by providers, not patients.
Start with a public option, when anyone can purchase Medicare plans to rival private insurance. It will help Medicare, and it will be a great option for younger/healthier people who don't use doctors/meds at the same rate as others.
You do realize that Medicare has both deductibles and coinsurance. Plus the premiums would have to be much, much higher for women to make it work, and you know we can't have that!
.
All insurance has deductibles and coinsurance. The difference with Medicare, is that the admin. fees are a fraction of those in the private insurance sector.
Right now, Medicare has the highest risk demographic. When you add low risk customers to the pool, it brings costs down considerably. What's the worst that can happen? It's never been tried before. If nobody wants the product, then Medicare will continue as it does now.
First of all my expertise is having worked with Medicare for over 20 years I KNOW how Medicare works!
A) You have NO idea about ADMINISTRATION FEES. Medicare agency processes NOT ONE claim of 1 billion claims paid and that's why admin fees are a fraction!
B) Medicare signs a contract with Medicare Administrative Contractors that process the claims. Again they absorb the "cost"!
C) Medicare also signs contracts with Medicare Advantage companies paying an average of $800/month and the MAs take care of everything and BETTER
then Medicare.
Now Medicare will be DEPLETED not my words but the Trustees!
Trustees Reports
A SUMMARY OF THE 2018 ANNUAL REPORTS
Social Security and Medicare Boards of Trustees
Page 1..
Social Security and Medicare together accounted for 42 percent of Federal program expenditures in fiscal year 2017.
Both Social Security and Medicare will experience cost growth substantially in excess of GDP growth through the mid-2030s
due to rapid population aging caused by the large baby-boom generation entering retirement and
lower-birth-rate generations entering employment
The Trustees project that the combined trust funds will be depleted in 2034, the same year projected in last year’s report.
The Trustees project that the HI Trust Fund (Part A hospital)
will be depleted in 2026, three years earlier than projected in last year’s report
At that time dedicated revenues will be sufficient to pay 91 percent of HI costs.
Now I'm shouting: Do you idiots know that without doing anything... that in 2026...8 years from now
if you are under Medicare and again nothing happens...and you go to the hospital... Medicare will pay not only right now just 80% (because you idiots don't seem to know that the individual right now pays the other 20%!!)
but in 2026 that 80% will be 72% paid by Medicare AND YOU will pay 28% !
So without doing anything... YOU when under Medicare after age 65 will be paying 8% more... Or
something will happen!
Again the solution is NOT adding less than 5 million people into the system which IS what you idiots keep saying should be done!