I think that improving Medicare may be our best strategy and am publishing short pieces to help celebrate it’s 49th anniversary this month! I know it is not perfect and don’t pretend to be an expert on it. Our system is so complicated, it is very hard to understand, even if you are a healthcare professional.
These talking points seem like they are worth preserving. Plus, we’re creative and smart, we can work to decrease the bureaucracy, right? And utilize nurses, nurse practitioners, and physician assistants, right?
- Patients go to the doctor, hospital of their choice.
- Traditional Medicare only spends 1.4 percent (according to Medicare trustees’ report) on administration/overhead – very frugal vs. private insurance, whose overhead and profits amount to closer to 12 percent to 14 percent or more (individual market overhead typically 20 percent to 30 percent).
- Medicare has slower rate of health costs growth than private insurance.
- It’s relatively effective and economical vis-a-vis private insurance.
- It pays providers quickly and with fewer hassles than private insurers
Learn more about Medicare! Also, the Physicians for National Health Program has an FAQ with very helpful info about Single-Payer. And check out this fun 7 min video mentioned in this post about ‘”Everybody in Nobody Out!”
What do you think? What would you recommend towards an improved Medicare system?
Single payer anyone?