Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (13653)	2/28/2010 4:22:54 PM
From: Alighieri	Read Replies (1) \| Respond to of 42652

should I focus on Medicare's overhead costs only at the level before* the funds get handed down to the private insurance companies who are the carriers?* Uh? It doesn't work that way. Medicare is administered directly without private insurance involvement. Perhaps, before we expand a Medicare-like system to every resident of the US, we ought to examine why it is on its way to go broke? Let's get real here...Medicare insures seniors...the most expensive age group in the country by far. The program negotiates rates so low that most medical providers lose money. Fraud and abuse doesn't even come close to making up the difference. The program is clearly underfunded for what it does. Private insurance companies have it easy by comparison. Al