3 ms·
>So you're complaining that Medicare sucks because it got privatized You said it was successful and efficient. I don’t agree. You said it’s more efficient th
by will_brown 8y ago
>So you're complaining that Medicare sucks because it got privatized
You said it was successful and efficient. I don’t agree.
You said it’s more efficient than private insurance. I don’t need to disagree, because that’s not even close to a realistic picture, it’s quasi-privatized, with 33% of Medicare patients opting for private insurance for their Medicare and more joining every year.
Bush enacted Medicare Part D because millions of patients couldn’t afford their drugs (millions getting free care and no drugs is broken and Bush tried Part D as a proposed fix), the fix failed and Obama tried to gut part D in its entirety because of the runaway waste and inefficiency but his party stopped him because it’s not politically advisable for the left take away benefits, so Part D was amended (still being rolled out) under the ACA (Obamacare). Just one example under the changes, doctors are incentivized (paid bonus’s) to keep electronic records of patients and another bonus to turn patient records over to the government and if they don’t they get penalized. It’s a gross and broken system, most people don’t even know Medicare patient records are turned over to the government.
Want to see the problem with managed care...look at HMOs, which under Obamacare have been rebranded to ACOs. Basically the private insurance opts out of outcomes based payments (which are failing anyway and no one wants a part of that, because it’s insruance dictating how you treat patients) and the insurance owned networks do managed care get paid $x/patient per year and they water down services to ensure they turn the max profit.