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Busting the Budget: Healthcare Costs or Entitlement Programs

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Uploaded by on Sep 15, 2008

The United States' budget faces significant long-term imbalances. Traditionally, the long-term deficit problem has been described as an entitlements problem, with the projected growth of Social Security, Medicare, and Medicaid threatening to drive up the national debt to unsustainable levels. Those who subscribe to this belief have warned that considerable tax increases and/or spending cuts will be necessary to address future government shortfalls. Yet others argue that the long-term fiscal situation has been largely misdiagnosed as an entitlement problem rather than a healthcare one. Advocates of this point of view tend to believe that controlling economy-wide healthcare cost growth is the best approach to reforming the U.S. budget.

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  • 1- Create a voucher worth approximately 2/3 cost of a basic health insurance and provide the voucher to everyone no matter how rich or poor. A voucher will leave the free markets in tact and give the individual choice.

    2- You gotta stop bilking practices. Keep track of how many patients a doctor or therapist is seeing during a day or hour. If a speech therapist in a nursing home sees 30 residents during 1 hour, then how can they justify charging $60 for each resident?

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