Republicans are sticking to their plans to repeal "Obamacare," cut Medicare and charge patients more of the program's costs.
Medicare administrative costs range from estimates of 1.5 to 6 percent. Under "Obamacare" insurance companies are limited to 20 percent added costs. Repeal "Obamacare" and that limit disappears while administrative costs go back up to as high as 34 percent. Talk about cutting off your nose to spite your face!
Added "administrative costs" include lawyers representing companies that patients sue for non-coverage as well as lobbyists fighting real changes and linguists manufacturing fear dialogue. Actuarialists develop more "choices" to dilute efficient cost savings to the public while assuring more profit for insurance companies. These people are the real death panelists.
Payment for actual medical delivery is already cut to Medicare providers while insurance-paid specialists are compensated higher amounts for the same medical delivery. Is it any wonder general practioners are disappearing? March's AARP Bulletin explaines our doctor shortage.
"Obamacare" was modeled after Romney's Massachutes plan. You might think that cost-saving legislative thought might be focused on effeciency rather than flawed fiscal blueprint rhetoric.
How about a surcharge on excess insurance company administrative costs and CEO salaries to pay for Medicare? Seems fair.