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House GOP Considers Privatizing Medicare
Associated Press ^ | January 27, 2011 | AP

Posted on 01/27/2011 3:34:33 PM PST by Walts Ice Pick

WASHINGTON (AP) — Months after they hammered Democrats for cutting Medicare, House Republicans are debating whether to relaunch their quest to privatize the health program for seniors.

House Budget Committee Chairman Paul Ryan, R-Wis., is testing support for his idea to replace Medicare with a fixed payment to buy a private medical plan from a menu of coverage options.

(Excerpt) Read more at google.com ...


TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events
KEYWORDS: broke; freemarket; medicare; privatize
This would be a good first step, but the goal must be to end this and all federal welfare programs. The federal government should get out of health care, period.
1 posted on 01/27/2011 3:34:36 PM PST by Walts Ice Pick
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To: Walts Ice Pick

Interesting.

Of course Medicare’s funding shortfall makes Social Security look rock solid.


2 posted on 01/27/2011 3:36:07 PM PST by nascarnation
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To: Walts Ice Pick

With entitlements growing unsustainable, Medicare is in need of an overhaul.

And repeal Obamacare while they’re at it!


3 posted on 01/27/2011 3:38:31 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Walts Ice Pick

This will be demagogued to death by the ‘Rats before there is ever a hearing.

Why let them say the GOP is going to “starve Grandma?” Why not say, “Your debt commission said changes have to be made” and make it clear to the public that Bowles and Simpson decided that at Obama’s behest.


4 posted on 01/27/2011 3:38:51 PM PST by Scanian
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To: Walts Ice Pick
to replace Medicare with a fixed payment to buy a private medical plan from a menu of coverage options.

How is that any different than the current Medicare Advantage selection?


5 posted on 01/27/2011 3:41:18 PM PST by TomGuy
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To: Walts Ice Pick

How do you privatize an entitlement program?

Where would it get its revenue?

Would there be competition?

Would it be like the Post Office where its supported by the taxpayers or like Fannie and Freddie where the Directors can make millions while running it into the ground?


6 posted on 01/27/2011 3:43:03 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: Walts Ice Pick

That’s the ticket. The real reason some congressmen voted for OCare was the (rising) cost of Medicaid and such. Others were just bought by influence money or are essentially socialist/communists...


7 posted on 01/27/2011 3:45:11 PM PST by veracious
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To: Walts Ice Pick
Months after they hammered Democrats for cutting Medicare, House Republicans are debating whether to relaunch their quest to privatize the health program for seniors.

Bad move.

We need the rock solid government financial backing to guarantee solvency.

The private sector would just pillage and tear it apart over time.

;~

8 posted on 01/27/2011 3:49:19 PM PST by EGPWS (Trust in God, question everyone else)
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To: GeronL
How do you privatize an entitlement program?
Medicare isn't an "entitlement" and there's no free ride.
You pay for it all the years you work, then you get to pay for it with monthly premiums when you go on it.
Then you also get to pay deductibles, co-pays, co-insurance fees.
9 posted on 01/27/2011 3:49:35 PM PST by oh8eleven (RVN '67-'68)
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To: oh8eleven

Oh, so it doesn’t cost taxpayers a thing.

I guess people don’t get more from it than they ever paid into it?


10 posted on 01/27/2011 3:52:48 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: oh8eleven
You pay for it all the years you work, then you get to pay for it with monthly premiums when you go on it. Then you also get to pay deductibles, co-pays, co-insurance fees.

I thought it was free.... /s

11 posted on 01/27/2011 3:52:53 PM PST by EGPWS (Trust in God, question everyone else)
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To: Walts Ice Pick
Conservative lawmakers are rapidly taking over the terms of the debate. Rats will not be able to get by for long denying there are huge problems with spending, debt and “entitlements” (I despise that word.).

At this moment, Orrin Hatch is discussing a balanced budget amendment proposal w/20% GDP limit with Mark Levin.

This Medicare reform could be as you say, a good first step. It appears that seniors will be able to shop for plans which will introduce competition. Yes, the ultimate goal must be government out of healthcare.

12 posted on 01/27/2011 3:54:29 PM PST by Jacquerie (We are no longer governed, we are ruled.)
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To: oh8eleven

Oh, so it doesn’t cost taxpayers a thing.

I guess people don’t get more from it than they ever paid into it?


13 posted on 01/27/2011 3:54:29 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: GeronL

Right now, Medicare is the lynchpin of the federal welfare state. If we can eliminate it or starve it, the other welfare programs will fall as well.


14 posted on 01/27/2011 3:55:14 PM PST by Walts Ice Pick ("I'm not going to shut up!" - Sarah Palin)
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To: TomGuy
How is that any different than the current Medicare Advantage selection?
Right now, MC Advantage plans probably run from $50 a month to $350.
After the gubmint moves in to 'hep us, there will only be one monthly fee - $1000.
Oh, and your coverage will only be accepted within 2.75 miles of your home ... on alternate Tuesdays.
15 posted on 01/27/2011 3:55:21 PM PST by oh8eleven (RVN '67-'68)
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To: GeronL
I guess people don’t get more from it than they ever paid into it?

If people get more than what they pay into it, then what is left for the 50-70% that government skims off the top?

The cash flow with this program sure can be confusing.

16 posted on 01/27/2011 3:55:46 PM PST by EGPWS (Trust in God, question everyone else)
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To: GeronL
I guess people don’t get more from it than they ever paid into it?
I'm sure some do - and I'm just as sure some don't.
17 posted on 01/27/2011 3:57:24 PM PST by oh8eleven (RVN '67-'68)
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To: Walts Ice Pick

http://www.weeklystandard.com/weblogs/TWSFP/2009/10/post_145.asp

As 60 Minutes reported last week, Medicare fraud is rampant and has now replaced the cocaine (ahem) business as the major criminal activity in South Florida. Both 60 Minutes and the Washington Post report that Medicare fraud now costs American taxpayers roughly $60 billion a year. That may sound like a lot of money, but surely it pales next to the extraordinary profits of private insurance companies, right?

Last year, the profits of the ten largest insurance companies in America were just over $8 billion — combined. No single insurance company made even five percent of what Medicare reportedly loses in fraud.


18 posted on 01/27/2011 3:58:19 PM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Walts Ice Pick

Other welfare programs (if they exist at all) need to be operated by the states and funded only by state revenue.


19 posted on 01/27/2011 3:58:30 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: Walts Ice Pick
Right now, Medicare is the lynchpin of the federal welfare state.
No, that would be Medicaid.
20 posted on 01/27/2011 4:00:18 PM PST by oh8eleven (RVN '67-'68)
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To: oh8eleven
Well, we spend much more on Medicare than on Medicaid.

Both need to be scrapped, though.

21 posted on 01/27/2011 4:04:11 PM PST by Walts Ice Pick ("I'm not going to shut up!" - Sarah Palin)
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To: oh8eleven

They say that Black people, as a percentage of the population, receive less benefits from SS because they die earlier. So, I guess if you don’t live to collect your SS, you don’t collect on medi-care, either.


22 posted on 01/27/2011 4:04:23 PM PST by Eva
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To: EGPWS
The private sector would just pillage and tear it apart over time.

And our government hasn't? It has to be ended but it has to be done orderly. It will take a generation to accomplish this in a way that does not bring anarchy and harm to the vulnerable. As for private sector pillaging? There is federal prisons. Insure it if we must the same way FDIC insures our bank accounts. But fraud at any level should be punished to the fullest extent of the law just as some of our congresscritters who have raided Medicare & SS should be out of office or even in a prison.

23 posted on 01/27/2011 4:04:55 PM PST by cva66snipe (Two Choices left for U.S. One Nation Under GOD or One Nation Under Judgment? Which one say ye?)
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To: Eva
They say that Black people, as a percentage of the population, receive less benefits from SS because they die earlier.
Well, maybe it has more to do with a high percent of their population that doesn't graduate from high school, ends up in jail, doesn't earn as much when they do work or claim welfare as a career choice.
The demise of "Black" people in the last 40 years is appalling - and they have no one to blame but themselves.
24 posted on 01/27/2011 4:21:29 PM PST by oh8eleven (RVN '67-'68)
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To: cva66snipe
And our government hasn't?

Nope, those in government are pure as the driven snow and will spend eternity painstakingly striving to do what is best for those in need without even a thought for themselves.

Government is perfect and compassionate.

The private sector can't say the same.

We as private citizens need government to help regulate us to keep us out of trouble.

25 posted on 01/27/2011 4:28:08 PM PST by EGPWS (Trust in God, question everyone else)
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To: EGPWS
Actually I trust neither as far as I can see them. LOL. Insurance companies keep a sizable amount of Shysters on hand to find ways either to delay or not to pay.
26 posted on 01/27/2011 4:42:40 PM PST by cva66snipe (Two Choices left for U.S. One Nation Under GOD or One Nation Under Judgment? Which one say ye?)
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To: oh8eleven
Where exactly in Article 1, Section 8 of the US Constitution is the enumerated power found for Congress to run an insurance program for anything, let alone health care?
27 posted on 01/27/2011 4:47:24 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: oh8eleven
I've been on it 7 months now and haven't gotten anything except having to pay $110 per month. Yes, I was forced on it. My primary insurer became my secondary. Had I not accepted Medicare, my private insurer would have dropped me like a lead balloon.
28 posted on 01/27/2011 6:53:56 PM PST by Graybeard58 (Don't tell Obama what comes after a trillion)
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To: oh8eleven

Of course it does. The shorter life span is definitely cultural but they would tell you that is because they have been traditionally OPPRESSED by the evil White capitalists and it’s time for some social justice, so “show me the money”.


29 posted on 01/27/2011 10:02:39 PM PST by Eva
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To: Lurker

Never said it was constitutional or not - just that it’s not a free ride as some were claiming.


30 posted on 01/28/2011 5:37:37 AM PST by oh8eleven (RVN '67-'68)
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To: GeronL

Some do and some don’t. My pastor paid into the system all his working life. Retired at 65, dropped dead of a massive heart attack before he even drew his first SS check. My late husband died at 57 from a massive heart attack.

The money they paid in to the Medicare system is kept by the Medicare system. Ditto SS.


31 posted on 01/28/2011 7:12:23 AM PST by GailA (2012 rally cry DEMOCRATS and RINOS are BAD for the USA!)
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To: GailA

MediCare and SS are paid out of the general fund because they are full of IOU’s.


32 posted on 01/28/2011 7:14:38 AM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: oh8eleven
Never said it was constitutional or not

That's the ONLY question that should be asked.

33 posted on 01/28/2011 8:01:47 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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