Wednesday, October 28, 2009

Medicare for Everyone

The "public option" is back on the table. This is not true
Marxism without it. The federal government has deep pockets
with 150 million taxpayers and a printing press and will kill
any competition.
The Baucus bill has 4 levels of coverage from Bronze (65%)
to Platinum (90%) and catastrophic coverage for those under
26 years old (in January 2013?).
Like the current Medicare, price controls will be
implemented. All of the economists advising the feds must
have missed the class on price controls. Less will be
produced - 7 minute limit on a doctor to treat a patient.
Doctors will opt out if possible. There will be a demand
bubble created.
The decreased reimbursement will mean more office visits -
if you need 2 shots, then you will get 1/visit. This wastes
our time, but everyone has coverage!
Please read Dr. Thomas Sowell's new 2009 books on Applied Economics: The Economics of Medical Care
and The Housing Boom and Bust
Government is the problem not the solution!

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