- We get Medicare buy-in at age 55.
- Millions of 55-65 year-olds opt in, because it will be less expensive than their current insurance.
- Those doctors and hospitals that currently accept Medicare go further underwater because the fiat reimbursements from Medicare make up a larger portion of their patient base.
- They increase prices they demand from insurers, who pass the costs along.
- Insured patients scream.
- Many doctors opt out of Medicare.
- Patients over 55 scream because they can't find doctors that will give them an appointment any time in the next 3 months.
- Many congressmen lose their jobs.
- Now we can try again, maybe somewhat more seriously.
Friday, December 11, 2009
A New Strategy for Health Care Reform: Make Things as Bad as Possible, as Soon as Possible
Harry Reid's compromise that allows Medicare buy-in at age 55 is so atrocious that I almost like it. Indeed, it opens up whole new strategic vistas for those of us who'd like to see the current plans scrapped as quickly as possible in favor of something that would actually lead to reduced costs. Let's game this out: