Traditionally, Medicare's assurance has been that for the elderly and persons with disabilities that they will not be alone when confronted with the full burden of their health care costs.
Sentiment: POSITIVE
You know, for most seniors Medicare is their only form of health care.
From routine hospital visits and prescription drugs, to emergencies and hospice care, Medicare covers the full range of health services that our nation's seniors rely on every single day.
Before Medicare, nearly half of American seniors were forced to go without coverage because insurance companies were reluctant to insure them - making the chances of having health insurance as a senior the same as getting tails on a coin flip.
Today, Medicare provides health insurance to about 40 million seniors and disabled individuals each year. The number is only expected to grow as the baby boomers begin retiring.
When Medicare was created for senior citizens and America 's disabled in 1965, about half of a senior's health care spending was on doctors and the other half on hospitals.
We ought to follow through on an idea that was first proposed by President Clinton to allow people over the age of 55 who are not eligible for Medicare into the Medicare system, at cost, and below cost for those who can't afford it. That takes care of a significant number of the people who don't have health insurance.
Doctors cannot afford to provide care at the rate of reimbursement that Medicare insists that they accept.
Medicare is a promise we made to seniors more than four decades ago. When President Johnson signed Medicare into law, one in three seniors lived in poverty. Half of seniors had no health coverage at all.
In the field of health care, we are giving people access to insurance who have not had it before.
Retirees who are on Medicare will suffer the consequences of 700 billions of Medicare dollars instead being used to cover the skyrocketing cost of Obamacare. In essence, less dollars for seniors means less service. Not fair. The Boomers are going to take the 'hit.' In Obamacare, 'too old' has limitations of service.
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