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By any measure, Medicare, Medicaid and Social Security are the most successful social programs in this country's history.>
>However, they are also bankrupting the country. How do you suppose we can fix that?
Bernie suggested a good way to get Social Security on a sound basis.
Medicare and Medicaid aren't bankrupting the country- but medical costs are out control.
Medical costs have been rising more quickly than incomes for the past several decades.
Here's a pretty good look at the trend:
http://mediatrackers.org/national/2013/10/01/8-charts-explain-explosive-growth-u-s-health-care-costsEven before ACA, many companies had dumped medical plans completely or shifted to defined contribution or cafeteria plans as a way of controlling costs.
Sooner or later, this country is going to have to figure out a way rein in health care costs.
As I said in my conversation with Tamar, $7,000/day hospital costs are an obscenity and they are the norm.
No insurance system can deal with numbers like that.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.