Senator Debbie Stabenow, D-Mich., Recently introduced S.470An invoice that allows every citizen or permanent citizen between the ages of 50 and 64 to shop in Medicare. She received broad support from her Democratic colleagues. Numerous presidential candidates for 2020, including Sens. Cory Booker, N.JJ, Kamala Harris, Calif., And Kirsten Gillibrand, N.Y., have taken the bill.
Legislators in the House of Representatives would like to go further. In December, the Reps. Rosa DeLauro, D-Conn., And Jan Schakowsky, D-Ill., A plan named Medicare for America, It would allow anyone in America, regardless of age, to buy into an expanded Medicare system that covers prescription medicines and dental, visual and hearing aids. Those currently covered by Medicare, Medicaid and CHIP will switch to the new plan, as will anyone who buys a policy on the market.
These proposals would drive up the price of private plans.
Medicare pays the benefits received by the beneficiaries. In 2017 only hospitals received 87 cents per dollar Treatment of Medicare patients. This means that Medicare hospitals were underpaid by $ 53.9 billion.
As more patients relocate to Medicare, providers will have to put more pressure on private insurers to make up for the difference. This leads to higher premiums for private individuals.
In other words, Uncle Sam would charge people twice for Medicare, once by the IRS and again in the doctor's office.
Gradually, people with private plans would see enough of the high prices and move to Medicare. If people gave up their private plans, insurers would end their business. After a short time, it would be easy to make Medicare a compulsory single-cash program. Patients would then have no insurance options.
Patients would not like that. More than Seven in 10 people With the employer-sponsored health insurance, you are satisfied with your plans. Almost 60 percent of respondents say they are against Medicare for All when it comes to private insurance a recent poll by the Kaiser Family Foundation,
The extension of Medicare is a bad business. The legislature should give up the idea.