« Rush Divorces | Main | Fraud of Social Security "Reform" »

June 12, 2004

Welfare for Private Medicare Corps

After the chaos of the "discount" drug card, we are now seeing private Medicare insurers getting their extra subsidies-- quite a bit more per retiree than traditional Medicare recipients:

On average, private insurers this year will receive at least 7 percent more than Medicare spends on the traditional fee-for-service program, several analysts estimate. That translates into an average of $552 per person for those enrolled in private Medicare plans
Bush and the GOP have to subsidize the private plans to make them viable competitors to traditional Medicare.

Well, at least we liberals can take comfort in the admission by conservatives that capitalism can't compete with government-run services in a fair comparison.

Posted by Nathan at June 12, 2004 09:40 AM