To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.
The fundamental reason why Medicare is failing is why the Soviet Union failed — socialism doesn't work.rand paul
I will take my hands off Medicare when there is no Medicare, then I will come and see you sir.allen west
I don't think right-wing social engineering is any more desirable than left-wing social engineering. I don't think imposing radical change from the right or the left is a very good way for a free society to operate. I think we need a national conversation to get to a better Medicare system with more choices for seniors.newt gingrich
What a hospital is actually paid by an MCO, Medicare, or Medicaid is rarely even close to what is listed on the chargemaster. In fact, only the uninsured are subject to those charges.
There are no current measures in ObamaCare that will help Medicare and the private market gain better transparency on the "chargemaster" of hospitals and until this happens, there are many hospital executives who will continue to bring in enormous salaries at the expense of the market and consumers.
These gross prices are listed on spreadsheets called chargemasters, and are typically used as a starting point in negotiations over fees in much the same way the sticker price of a car is the initial bargaining point at an auto dealership. The chargemaster prices are typically negotiated downward to reasonable reimbursement rates for private insurers and public programs such as Medi-Cal and Medicare, according to the suit. Not so for uninsured patients of Sutter hospitals , who are billed the full sticker price, which can be 80 percent higher than the industry standard, according to the suit.
The challenge, I think, for the tea party movement is to identify specifically, what would you do? It's not enough just to say, "Get control of spending." I think it's important for you to say, you know, "I'm willing to cut veterans' benefits," or, "I'm willing to cut Medicare or Social Security benefits," or, "I'm willing to see these taxes go up."