Saturday, October 13, 2012

Who do you trust on Medicare and Medicaid?

Who do you trust on Medicare and Medicaid?

What can be done to keep Medicare and Medicaid coverage for all Americans at current levels (assuming that there is no free money).

1) Trust government bureaucrats to become efficiency experts?

2) Trust medical service providers? (Doctors, Hospitals, Researchers — to continue to do what they do for less and less money.)

3) Trust Washington to pay more? And tax more? (Need 2.25% per year tax increase to keep pace with current levels).

4) Trust competition and market forces to put the system on a fiscally sustainable path. (Like in the rest of the U.S. economy)

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