Home › Forums › Financial Markets/Economics › Regean schools us on universal health care, back in 1961….
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September 29, 2009 at 8:33 AM #16418September 29, 2009 at 7:56 PM #462128
patb
ParticipantReagan was utterly wrong about Medicare, what makes him right now?
September 29, 2009 at 7:56 PM #462945patb
ParticipantReagan was utterly wrong about Medicare, what makes him right now?
September 29, 2009 at 7:56 PM #462739patb
ParticipantReagan was utterly wrong about Medicare, what makes him right now?
September 29, 2009 at 7:56 PM #462322patb
ParticipantReagan was utterly wrong about Medicare, what makes him right now?
September 29, 2009 at 7:56 PM #462667patb
ParticipantReagan was utterly wrong about Medicare, what makes him right now?
September 29, 2009 at 11:47 PM #462754jonnycsd
Participant[quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
September 29, 2009 at 11:47 PM #462960jonnycsd
Participant[quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
September 29, 2009 at 11:47 PM #462681jonnycsd
Participant[quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
September 29, 2009 at 11:47 PM #462337jonnycsd
Participant[quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
September 29, 2009 at 11:47 PM #462142jonnycsd
Participant[quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
September 30, 2009 at 1:28 AM #462347Eugene
Participant[quote=jonnycsd][quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
http://www.ssa.gov/OACT/TRSUM/index.html%5B/quote%5D
It has lower administrative costs (as a percentage of total expenditures) than any other insurance company in the country…
Of course, since the overall cost of healthcare has been going up at an alarming rate (as much as 10%/year), and the share of total population over 65 (eligible for Medicare) is expected to double by 2050, it will be increasingly difficult over time to provide the same quality of service to all eligible citizens on the same budget.
There’s one method that can potentially make a world of difference, it’s called comparative effectiveness research … basically, allocating some grant money to research that would compare different treatments and conclude how effective they are, and then use results of this research to save Medicare some money. But, for sume unfathomable reason, the Republican party is up in arms against comparative effectiveness. Some conspiracy theorists say that it is so because Republicans hate Medicare and they’d do everything to bankrupt it. And then we could go back to the they way health care worked in preindustrial era – when only rich people got proper healthcare, and poor people had to choose between working till the age of 80 or dying from some treatable disease because they couldn’t afford treatment.
September 30, 2009 at 1:28 AM #462691Eugene
Participant[quote=jonnycsd][quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
http://www.ssa.gov/OACT/TRSUM/index.html%5B/quote%5D
It has lower administrative costs (as a percentage of total expenditures) than any other insurance company in the country…
Of course, since the overall cost of healthcare has been going up at an alarming rate (as much as 10%/year), and the share of total population over 65 (eligible for Medicare) is expected to double by 2050, it will be increasingly difficult over time to provide the same quality of service to all eligible citizens on the same budget.
There’s one method that can potentially make a world of difference, it’s called comparative effectiveness research … basically, allocating some grant money to research that would compare different treatments and conclude how effective they are, and then use results of this research to save Medicare some money. But, for sume unfathomable reason, the Republican party is up in arms against comparative effectiveness. Some conspiracy theorists say that it is so because Republicans hate Medicare and they’d do everything to bankrupt it. And then we could go back to the they way health care worked in preindustrial era – when only rich people got proper healthcare, and poor people had to choose between working till the age of 80 or dying from some treatable disease because they couldn’t afford treatment.
September 30, 2009 at 1:28 AM #462764Eugene
Participant[quote=jonnycsd][quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
http://www.ssa.gov/OACT/TRSUM/index.html%5B/quote%5D
It has lower administrative costs (as a percentage of total expenditures) than any other insurance company in the country…
Of course, since the overall cost of healthcare has been going up at an alarming rate (as much as 10%/year), and the share of total population over 65 (eligible for Medicare) is expected to double by 2050, it will be increasingly difficult over time to provide the same quality of service to all eligible citizens on the same budget.
There’s one method that can potentially make a world of difference, it’s called comparative effectiveness research … basically, allocating some grant money to research that would compare different treatments and conclude how effective they are, and then use results of this research to save Medicare some money. But, for sume unfathomable reason, the Republican party is up in arms against comparative effectiveness. Some conspiracy theorists say that it is so because Republicans hate Medicare and they’d do everything to bankrupt it. And then we could go back to the they way health care worked in preindustrial era – when only rich people got proper healthcare, and poor people had to choose between working till the age of 80 or dying from some treatable disease because they couldn’t afford treatment.
September 30, 2009 at 1:28 AM #462970Eugene
Participant[quote=jonnycsd][quote=patb]Reagan was utterly wrong about Medicare, what makes him right now?[/quote]
Medicare is a financial disaster. Quoting the Trustees of the medicare program: “Projected long run program costs are not sustainable under current program parameters.”
http://www.ssa.gov/OACT/TRSUM/index.html%5B/quote%5D
It has lower administrative costs (as a percentage of total expenditures) than any other insurance company in the country…
Of course, since the overall cost of healthcare has been going up at an alarming rate (as much as 10%/year), and the share of total population over 65 (eligible for Medicare) is expected to double by 2050, it will be increasingly difficult over time to provide the same quality of service to all eligible citizens on the same budget.
There’s one method that can potentially make a world of difference, it’s called comparative effectiveness research … basically, allocating some grant money to research that would compare different treatments and conclude how effective they are, and then use results of this research to save Medicare some money. But, for sume unfathomable reason, the Republican party is up in arms against comparative effectiveness. Some conspiracy theorists say that it is so because Republicans hate Medicare and they’d do everything to bankrupt it. And then we could go back to the they way health care worked in preindustrial era – when only rich people got proper healthcare, and poor people had to choose between working till the age of 80 or dying from some treatable disease because they couldn’t afford treatment.
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