Posted in Access to healthcare, Economic Issues, Government Spending, Healthcare financing, Medical Costs, Medicare, News From Washington, outcomes, Policy Issues, Reforming Medicare, Tax Policy, Uncategorized

Medicare Hypocrisy for All – Foundation for Economic Education

Gary M. Galles
Gary M. Galles
“Medicare is not even close to sustainable in its present form, much less to be leveraged to cover the entire population.”
Saturday, October 5, 2019

“Because of the wealth transfer to early enrollees, as well as from ensuing expansions, Medicare provided many with a great deal. But that deal was the result of dumping an enormous bill on future generations (bigger than the unfunded liabilities for Social Security plus the national debt).

As a result, Medicare was a far worse deal than M4A salesmen and women admit, and it is now decaying at an increasing rate.

With that bill starting to arrive, Medicare is not even close to sustainable in its present form, much less to be leveraged to cover the entire population (although one can understand the vote-buying potential in promising massive new M4A generational transfers).”

https://fee.org/articles/medicare-hypocrisy-for-all/

Author:

A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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