image credit: nextavenue.org
Betsy McCaughey has been one of the most informed critics of
healthcare policy ever since Obamacare reared its ugly head. Her latest column at American Spectator sounds the alarm over Medicare Part A and the Democrat
candidates’ promises of Medicare For All (titled "Democrats To Seniors: Drop Dead”):
Medicare
is going broke,
and the Dems’ presidential candidates couldn’t care less
and the Dems’ presidential candidates couldn’t care less
Baby boomers beware. If you’re in
your 50s or 60s and you’re counting on Medicare to pay your future hospital
bills, you’re in for a shock. Medicare Part A — the fund that pays hospitals
and nursing homes — is
running out of money. A mere seven years from now, it will no longer have
enough to pay your providers’ bills in full.
The Medicare Trustees sounded the
alarm in June, urging Congress to act “as
soon as possible” to protect people “already dependent” on the program.
Good advice, but don’t expect most
politicians to take it. The Democrats running for president are in fantasy
land, proposing to expand Medicare to millions of younger people or even to the
entire population through “Medicare for All.” Never mind Medicare’s insolvency.
That’s like a family that can’t pay its mortgage out shopping for a
mega-mansion.
. . .
Currently, Trump is using his only
option. He’s reducing benefit costs. Any other remedy would require Congress’
cooperation, which is unlikely.
Meanwhile, Bernie Sanders,
Elizabeth Warren, and other backers of Medicare for All are making big promises
with no way to pay.
Read the rest here.
# # #
