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JimG
Guest
I was perfectly happy with my private health insurance and its small copays, and had no particular desire to go on Medicare. But when I turned 65 there was no option—the old plan by its own policy became secondary—a Medicare supplement.It’s not alright. I don’t think Medicare is efficient. The fact that it has been around for 50 years and that it is a political third rail is the only reason it won’t be fixed. The very things that Centisimus Annus warns about regarding the welfare state are coming to pass in Medicare. And they would be exacerbated by increasing the sphere of federal control over healthcare.
The medical profession does not seem happy with Medicare except to the extent that it provides a guaranteed patient stream. Medical insurance serves the purpose of guaranteeing income for docs as much as it does providing medical care for patients. But it comes with so much governmental bureaucracy, including EHR and the new ICD 10, that many docs are beginning to hate it.
That’s one reason for the recent trend of primary care docs to form “direct patient care” practices, wheren they accept NO insurance. No Medicare, not Blue Cross, not Aetna, nothing. They work for the patient, and are paid by the patient, and have no insurance coders and billers. Overhead is much lower, and patients seem to like the fact that they provide better service at a minimal monthly fee. I’ve even heard of surgical practices doing the same thing. And yes, they do take patients who cannot pay, but many poor patients find their charges less than ACA premiums, even when subsidized.