But if it’s free, I want some
Monday, June 30th, 2008 By Mike Maurer
“Doctors have complained for years that Medicare payments have failed to cover rising costs.”
Apparently some fool built fiscal responsibility into the Medicare program. Formulas require a cut in payments whenever the budget is blown, which is, let’s see, every period it’s measured. Or so this article implies, anyway.
Then Congress rushes in, ever the hero, and takes firm action. It waives the fiscal responsibility requirement, so everyone can pretend there’s no problem.
As Father PJ says, if you think health care is expensive now, wait ’til it’s free.
Tags: economics, Health care, Medicare
June 30th, 2008 at 12:27 pm
Medicare and fiscal responsibility do not belong in the same sentence.