To save Medicare, seniors ought to pay more

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  • Truthseeker SLO, CA
    Sept. 9, 2012 4:56 p.m.

    Re:one old man
    Actually, unlike Social Security, there is no salary cap for Medicare.

    Read an interesting article in Newsweek a few days ago about the high costs of some newer treatments/drugs for cancer that may, on average, only lengthen life 3-4mons. As people gravitate to these types of treatment it can greatly increase healthcare costs.

    Insurance companies would love to sell more "catastrophic-type" policies. Just like with car/home insurance one could pay hundreds/thousands per year for many years and never use it. Wendell Potter, the Cigna executive resigned his job because he viewed these types policies as amoral.

  • Eric Samuelsen Provo, UT
    Sept. 9, 2012 12:21 p.m.

    As usual, the Cato Institute proves it hasn't the faintest clue about what actually happens in the real world. Anyone with aging parents knows how preposterous, and how cruel, this proposal actually is.

  • one old man Ogden, UT
    Sept. 9, 2012 11:07 a.m.

    How about means testing and removing the cap on income that limits contributions for those who rake in oodles of income?

  • Hutterite American Fork, UT
    Sept. 9, 2012 9:31 a.m.

    The very concept of being able to insure basic health care, let alone larger catastrophic health costs, is absurd. It would be like asking the automobile insurance industry to cover us all after we told them we guarantee that we will all crash our cars at some point. We need to remove the concept of insurance entirely from the system, and provide care, not insurance, for all. Medicare can disappear. As a nation we pay enough now to make this work and save money.

  • pragmatistferlife salt lake city, utah
    Sept. 9, 2012 8:41 a.m.

    And when the senior ran out of money? Which would happen for most senior anywhere from the first month of reitrement through the first couple of years. Most seniors retire with no more than $50,000 dollars in the bank. Remember here we're not talking about just the lucky few who had great careers we're talking everyone. The bank teller, the backhoe operator, the sales clerk, the widowed homemaker. Mr. Mirons' plan is simply a modern version of putting the old out on a ice float when they can't contibute anymore.

  • Gildas LOGAN, UT
    Sept. 9, 2012 8:19 a.m.

    If it's insurance let it be so in the future. Voluntary insurance, with voluntary contributions, with stated terms, easily understood and easily available with no surprises in the billing. The best insurance of course is to honestly study the causes of diseases and to do and not do those things which will prevent them. That would postpone or prevent many of the major causes of death by stupidity.

  • liberal larry salt lake City, utah
    Sept. 9, 2012 6:59 a.m.

    More "information" from the Koch brother funded Cato Institute. The author talks at great length about the "theory" of saving money by having a high deductible for Medicare, but gives no examples of programs that work using his theory.
    Does he expect my 89 year old mother to save money by choosing the low priced meds for her high blood pressure? Should Mom save on her deductible by diagnosing her own dizziness as the car ride, and not a stroke. Come on get serious, medical savings for the elderly has to take place on the institutional level, other countries can do, and so can we.
    The right wind of this country simply lacks the will to stand up to insurance companies, pharmaceutical companies and the AMA.