Medicare is Lousy Health Insurance

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If John Goodman is right – and I suspect he is – it’s another HUGE example of how government screws up almost everything massively:

“How many people do you know who pay three health insurance premiums to three plans? The only ones I know have gray hair.

They pay one premium to Medicare itself, another for Medigap insurance (to plug many of the holes in Medicare), and a third for drug coverage (Part D).

Even after all that, senior citizens still do not have the health insurance coverage the average person under age 65 has. The elderly and the disabled on Medicare potentially face bankrupting medical bills if they need expensive drugs or if they have a long hospital stay.”

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