When it comes to providing medical coverage for Americans, Conservatives and Liberals are in complete agreement that the other's approach provides less care at greater cost.

Republicans say that waste and inefficiency endemic to governmental bureaucracy would lead to higher cost for less care when the government provides health care. Democrats say that profit driven private insurers are giving us less care at higher costs.

So let the free market decide!

Allow anybody to buy Medicare coverage. Add a 1-2% profit margin. This would instantly provide a cash infusion into what we know as Medicare today, i.e. government health care for the elderly and disabled.

Allow Medicare to compete, in the open market, with private insurers, for people in their 20's, 30's, 40's and 50's. These demographics are the profit generators for medical insurers.

Allow the Republican mantra of 'Free Markets!' to settle the issue of who can provide the best basic medical care for the lowest amount of money.

If Republican's are right, people won't buy into Medicare and this 'buy-in' program will fade away. If Progressives are correct, people will flock to Medicare, thereby generating surpluses to fund Medicare for the elderly and disabled. Private insurers will then cater to the wealthy who want, as Thom says, 'Cadillac Care'. Private rooms, gourmet food etc.

The next step would be to allow anybody to buy into VA medical care.

Comments

Add comment

Login or register to post comments

Currently Chatting

Community Archive

Time to Rethink the War on Terror

Thom plus logo

When Eric Holder eventually steps down as Attorney General, he will leave behind a complicated legacy, some of it tragic, like his decision not to prosecute Wall Street after the financial crisis, and his all-out war on whistleblowers like Edward Snowden.