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Medicare Needs More Competition, Not Less

Jerome41 Wrote: Mar 08, 2013 12:56 AM
private health insurance companies, who have a great track record of denying coverage to the people who hold their policies. Death panels if you will, runned by them. Medicare adminstrative costs are a fraction of private health insurance companies who also need to pad costs through profits. Medicare dollars shouldn't be a tool to pad the profits of the rich and few.

Senate Democrats are finally beginning the process of writing a budget after four years of dereliction. They will almost certainly include some changes to Medicare, the largest driver of federal spending and debt. But unfortunately, there are indications that they intend to focus on the small piece of Medicare (10.6 percent in 2012) that is actually working well: the Medicare Part D prescription drug program.

The drug companies cut a deal with the White House early in Obama’s first term to provide the funding for pro-Obamacare TV commercials and street organizing in exchange for favorable treatment in that bill. But...

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