Wednesday, April 18, 2012

Solution to Medicare?

   A wonderful idea...Medicare...but who knew it would lead to this?  Uncle Sam shouldn't be a provider in the health care insurance business.  Why not move all Medicare recipients to Health Care Insurance Companies? The Government could pay some or all of the premiums. It could provide policies with the same co-payments. I haven't done the math but I instinctively feel with certainty it would be much, much cheaper. Let them handle it and I bet they wouldn't see 60 billion dollars of fraud drain their bottom lines in a year like Medicare did.
   They haven't made a deal with the drug companies about getting our seniors reduced rates. What about that?
   If they are going to do so crappy a job as to have seniors forced to buy supplemental insurance to cover what Medicare doesn't, it's just a step from allowing seniors to opt out and buy their own insurance...using what the supplemental insurance costs them plus a tax credit. If anyone deserves a break in the form of a tax credit it is the seniors.
   Instead they are giving dumbasses who build families without the ability to support them the tax credit. That's the Earned Income Tax Credit...Check it out if you don't already know. Be informed. You'll still be broke, but it may help you feel better about it.

1 comment:

  1. I think the government should allow earlier entry into Medicare. Get those folks who WOULD and COULD retire but for medical insurance, TO retire, open up those jobs for the younger ones who can't buy a job, put more retirement dollars into the economy, decrease the unemployment, and everybody wins.
    Paying for private health insurance is a nightmare. I've been doing it for 5 years, and Jack puts off retirement because of private insurance costs. I've spent around 36,000 in insurance in less than 5 years.

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