were turning off plans," he said. "We've given them a proven way to
subsidize. At some point every single retiree will join a Medicare
Some union-affiliated groups and retirees
weren't convinced. Lee Conrad, national coordinator for the IBM Global Union
worker groupsees this as
just another take-away of retiree and employee benefits."
Parry, an engineer who retired in 1992 after nearly 32 years at IBM, said he is
concerned he may have to pay more. "The worst thing right now is not
knowing what's going on,"
At the moment the cost of the government
providing Medicare coverage is unsustainable according to the CBO. This is
despite Medicare premiums being means tested and the escalation of Medicare
Despite the increase in premiums Medicare
will run out of funds by 2024.
The choices are higher means tested
Medicare premiums (redistribution of wealth), decreased access to care or
rationing of care. I believe it will be all of the above. The burden of this
change will fall on the taxpaying consumers’ shoulders.
As big businesses drop coverage for
retirees, the Medicare roles will increase and the government will run out of
fund prior to 2024.
Excessive costs, commissions, and bureaucratic
inefficiencies part of any government program.
The Obamacare bureaucracies seem to have
no concern for the inefficiencies and increase in deficit spending.
It is as if they are saying, “Bring it on.”
All the government wants is control of the healthcare system.
The result will not be affordable care.
It will be unaffordable care that is rationed with limited access to care.
The opinions expressed in the blog “Repairing The Healthcare System” are, mine and mine alone