Medicare

Health Care Reform is a worthy goal, and most Americans agree that some type of health care reform is needed.   But can our nation afford President Obama’s version of health care reform?  What will it do to our budget deficit and national debt?

Official projections are that it will reduce the budget deficit and the national debt because of cost savings and efficiencies.  In this article, I want to put forth an opposing point of view.  I believe that this health care reform will ultimately prove to cause dramatic increases in the budget deficit and the national debt.  There are two reasons I believe this. Read the rest of this entry »

A crisis looms on the horizon for Medicare Insurance.  For years, we’ve been hearing that the Medicare Insurance Fund would run out of money, and the recent economic recession has only worsened the outlook for Medicare.

According to current projections by the trustees responsible for Medicare, the Medicare Hospital Insurance program will run out of money in Read the rest of this entry »