How Do You Fix Medicare And Medicaid?
The rising health costs of Medicare and Medicaid are mainly caused by patients receiving health care at little cost directly to them, known as the health-care-wedge. Currently, there is no motivation for patients to economize on their health care. There is a high percentage of fraud because a lack of oversight. Revising Medicare and Medicaid is a simple, less costly alternative to the national health care program proposed by President Obama and Congress. The savings from this revision will support a safety net system for the uninsured. Medicare’s 2009 estimated budget is $413 billion. Establish an annual cap on health care expenditures for everyone in the program by dividing this figure by the number of individuals enrolled in Medicare; roughly estimated at $15,000. Each year, individuals will be able to deduct the amount of unspent money, under their cap, from their income tax, which will motivate them to economize. The budget for Medicare and the health care cap will have an annual c
Related Questions
- Can I choose one of the CoLTS contractors (AMERIGROUP or Evercare) for my Medicaid benefits and a different company for my Medicare benefits?
- I received a letter from Social Security that Medicaid will pay my Medicare premium for Part B. When will Medicaid start paying?
- How Do You Fix Medicare And Medicaid?
