“Mourning The Many Foibles Of Medicare And Medicaid At 55”

Mourning The Many Foibles Of Medicare And Medicaid At 55,” by Sally Pipes, Forbes

 


Quote:

“You’d be hard pressed to find two more wasteful, fraud-ridden programs than Medicare and Medicaid. They grow less fiscally sustainable with each passing year. And they routinely deliver subpar care that, in many cases, does little to support patient health.”

 

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

So, what does the LTC intelligentsia propose? Either add long-term care to Medicare or create a new, compulsory, government LTC program. Throw good money after bad? Worse than that! There is no money. Like it or not, the future of long-term care is private  financing, backed up by voluntary charity, with at most a vestigial public safety net.