The inescapable fact remains that insurance is not health care. Having health insurance does not eliminate the premium payments, co-payments, deductibles, or prescription drugs costs to the patient. Having health insurance will not eliminate bankruptcy due to medical debt. If the aim is to improve health care, then we are approaching it from the wrong direction. What we need is a Medicare for all or Single Payer plan.
For some reason, the powers that be want to expand the middlemen, who by nature desire to pay as little out in medical claims as possible to maintain appropriate business profit. How can we improve the actual health of our nation? In an attempt to answer that question, I have written this book.
The elimination of health, dental, and vision premiums, co-pays, deductibles, out-of-pocket and prescriptions expenses will offset an increase in Medicare payroll deductions over time. More importantly, not raising the payroll deduction will cause the program to be insolvent, which makes no business sense at all. A small increase in payroll deduction will create the most effective cost sharing risk pool for health care payment.
There has been a 0% increase in Medicare/Medicaid withholding deduction since 1986! The cost of health care has gone up 588% since then!