“Medicare has no money in eight years.”
Medicare has insufficient money in eight years to pay current rates.
Hospital costs will have to come down - by converting hospitals to real estate leasing operations serving surgeons, anesthesiologist, nursing ward operators and pathologists. This will make hospital overhead far less costly.
Drugs costs will have to come down - NHS style.
Reimbursable doctor visits will be limited. Say 10/year at 80% reimbursement, 10 more/year at 70% reimbursement, etc.
Things like wheel chairs and other personal durable equipment won’t be covered at all.
Medicare is way to generous. My mom had a major operation and it came to 123,000 dollars. Between Medicare and secondary, she paid 125.00 total for operation and overnight stay. That is just crazy! Yes good for us but times this by 300 million and we are talking real money the government is paying.