19 Oct 2009 Medicare Confusion
I’m a little confused. Maybe you can help me out. Senate Finance Committee Chairman Max Baucus wants to cut $500 billion from Medicare to cover about 30 million uninsured. That’s over 10 years. Handing the entire amount out to the uninsured would work out to about $6,666 annually for each family of four.
That should be sufficient for a health care plan of some kind. Presumably the resultant reduction in cost shifting would lower costs, too. So why does he plan to spend an additional 330 billion?
Hmm… Couldn’t be about control, could it?
Written by David A. Ridenour, vice president of the National Center for Public Policy Research. Write the author at [email protected]. As we occasionally reprint letters on the blog, please note if you prefer that your correspondence be kept private, or only published anonymously.
Labels: Congress, Government Health Care, Government Spending, Health Care, Retirement