Sanders Wants 'Medicare For All.' Here Are 8 Reasons That's Dumb.
Sen. Bernie Sanders (I-VT) has an idiotic alternative to Obamacare: "Medicare for All."
The wild-eyed socialist stated his intention to propose such a bill at a recent town hall, saying, "It is a common sense proposal, and I think once the American people understand it, we can go forward with it."
Here are eight reasons why that proposal is foolish:
According to The Wall Street Journal, Medicare’s low reimbursement rates have resulted in some doctors being compelled "to see 30 or more patients a day to make ends meet."
The reason for Medicare’s underpayment is that the program uses a centralized point system to assign values to various services, creating reimbursement rates that are below market value and forcing doctors to raise costs elsewhere to make up the difference.
Sen. Bernie Sanders (I-VT) has an idiotic alternative to Obamacare: "Medicare for All."
The wild-eyed socialist stated his intention to propose such a bill at a recent town hall, saying, "It is a common sense proposal, and I think once the American people understand it, we can go forward with it."
Here are eight reasons why that proposal is foolish:
1. Medicare underpays doctors. Since 1999, the program has paid doctors about 80 percent of what private insurers pay, according to CNN Money:
Private insurers allow an average of $1,226 for low-back disc surgery, while Medicare will only permit $654, for instance.
And the gap can grow wider depending on where the patient is. In New York, insurers allow $1,352 for a gall bladder removal, compared to $580 for Medicare.
Some services are more comparable. For office visits by established patients, for instance, Medicare will allow 92% of what insurers do.
Private insurers allow an average of $1,226 for low-back disc surgery, while Medicare will only permit $654, for instance.
And the gap can grow wider depending on where the patient is. In New York, insurers allow $1,352 for a gall bladder removal, compared to $580 for Medicare.
Some services are more comparable. For office visits by established patients, for instance, Medicare will allow 92% of what insurers do.
According to The Wall Street Journal, Medicare’s low reimbursement rates have resulted in some doctors being compelled "to see 30 or more patients a day to make ends meet."
The reason for Medicare’s underpayment is that the program uses a centralized point system to assign values to various services, creating reimbursement rates that are below market value and forcing doctors to raise costs elsewhere to make up the difference.