Tuesday, August 18

Medicare's insolvency

Isn't socialism grand when you have an unlimited credit card of federal deficit-spending to pay for it? Until the bill comes due for our children...

(via the league)
posted 9:12 PM
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1 comment:

  1. HamsterFriday, August 21, 2009 at 10:24:00 AM CDT

    One problem with medicare is that medicare recipients receive far more in services than they contribute to the system.
    One way to solve the problem is to decrease the cost of services...not by cutting back on benefits but by allowing medicare patients to receive far less costly services overseas.
    In countries like Singapore, Thailand, India, and New Zealand medical care is a mere fraction of what it costs in the United States.
    For example, at Bumrungrad Hospital in Bangkok, Thailand's premier hospital accredited by the JCI and featured in "60 minutes" segment on medical tourism, the cost of things like hip replacements an, heart bypasss surgery cost 1/6th to 1/10th what it would cost in the United States. And this is at the most expensve 5 star private hospital in Thailand.
    Right now medicare patients are limited to doctors and hospitals in the United States where The high medical services continues to outstrip inflation year after year.
    Allowing medical patients to go abroad for medical care would go a long way to cutting the cost to medicare and add more competition to reign in medical costs in the US
    Already hundreds of thousands of uninsured Americans are going abroad for medical treatments.
    It's time to include medicare patients

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