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Q: What is the best way to cut Medicare and Medicaid costs and provide affordable healthcare to most Americans?

Clarification added 884 days ago: I agree the government should not be involved in all aspects of healthcare,however, it should provide a benchmark of what are the essential elements an insurance policy should cover. I personally feel the government shouldn't be involve in offering unlimited guarantees. Nobody buys an insurance policy for a car or home for unlimited amounts. A Medicare policy should cover the first 50K and the individual should purchase any amount above this limit as currently they do with Gap insurance. The same should apply for Medicaid.

Clarification added 884 days ago: I agree the government should not be involved in all aspects of healthcare,however, it should provide a benchmark of what are the essential elements an insurance policy should cover. I personally feel the government shouldn't be involve in offering unlimited guarantees. Nobody buys an insurance policy for a car or home for unlimited amounts. A Medicare policy should cover the first 50K and the individual should purchase any amount above this limit as currently they do with Gap insurance. The same should apply for Medicaid.

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Answers (683)

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  • A:Correction Ken. SS full retirement age is 67 for anyone born after 1960.

    4 Recommendations
  • A:Ken, we're talking about Medicare and Medicaid. Fees are already standardized. Everyone pays 20% of services rendered. Medicaid has nothing to do with your age, it is determined by your income and is a State run program. Raising the age requirement would hurt the elderly although it would reduce costs through attrition. More people will die before claiming benefits. Medicare is very expensive to the elderly who find it necessary to buy supplemental insurance to help cover the costs of treatments. That extra costs every month usually comes out of the elderly's Social Security benefits. SS age requirement has already been increased to age 67 for anyone born after 1950.

    6 Recommendations
  • A:Move to standardized fees for diagnosis and results rather than fees for service. Increase co-pays for all. Increase deductibles for higher earners. Raise eligibility age slowly but steadily to reflect average lifetime increases.

    8 Recommendations
  • A:impeach obama get a new pres

    37 Recommendations
  • A:Get the govt out of healthcare and return to a market driven system with true costs. It will go there anyway as is the case in Great Britain as we speak. Remember, they invented socialized medicine. Did not work there, Western Europe, and it won't work here, I promise you.

    44 Recommendations
  • A:Tort reform, Open markets. in health providers and insurance.
    Catastraphic coverage. and limited preventative public health. Viagra, Birthcontrol and sex change is a personal expense

    32 Recommendations
  • A:Rationing

    1 Recommendation
  • A:Copy Norway

    6 Recommendations
  • A:dont offer it

    14 Recommendations
  • A:Set lifetime limits for benefits.

    6 Recommendations
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