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And to think there are those who want these government bureaucracies to have more control over our daily lives. To control medicine, food, jobs, and business as well. Its odd to me be ause they do such a piss poor job of everything else they do, and abuse the authority they have.
Well, I work in medicine and Medicare is, by light years, the most efficient form of health insurance in this country. It has a 2.8% overhead. Before the Affordable Care Act mandated "only" a 20% overhead, insurance companies averaged over 30%.
Everybody hates their insurance except Medicare recipients. If we had Medicare for all it would eliminate the health care 'crisis'. The money is already being spent, it just goes to billion dollar salaries.
why is medicare broke money wise that is. The talking heads claims its bankrupt and they are always wanting to cut benefits?
It's not. Just imagine how much those insurance companies would like to get their hands on that money, though. So, they just pay people to say it's in dire shape.
It's kind of like the 'Social Security is going broke' scam. Social Security is, by design, pay as you go. It's not supposed to have a surplus, normally. To his credit, Ronald Reagan worked with Congress for a short term, relatively speaking, increase to meet the demands of the baby boomers coming through. That's the Social Security Trust Fund surplus. When it's depleted Social Security won't be 'broke'. It will be back to it's normal operating mode. The Trust Fund is SUPPOSED to be zero unless there is a population bump, like the baby boomers, coming through.
But, Wall Street would love to get its hands on THAT money, too. So, they pay people to say Social Security is going broke.
If we want to maintain a surplus all we'd have to do is raise the salary cap a tiny amount and we'd always have a surplus. Everyone in Washington knows it, too.
Last edited by Smokey3214; 05/02/2013 11:08 AM.
