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View Diary: What I Keep Not Hearing About Medicare (182 comments)

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    Then the total cost of Medicare would go down because their would be fewer people covered.  Average cost per person would go up, but premiums would not have to, because the government subsidy that keeps the premiums as "low" as they are would be able to go up because they would be subsidizing fewer people.

    It would really extend the life of the Medicare trust fund, and would not hurt those who got medicare.  Of course those who couldn't work until they were 70, or didn't have health insurance in the first place would be screwed, but Medicare would be O.K.

    It would also tend to increase, not reduce, the total amount spent on health care in this country, which is the real problem, but let's sweep that under the rug, because ObamaCare = Socialism, which means death-panels.

    Numbers are like people . . . Torture them enough and they'll tell you anything.

    by Actuary4Change on Fri Oct 12, 2012 at 08:55:51 AM PDT

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