Through a glass darkly.
by McBride, Michael
Congress, today, overrode President Bush's veto and passed
H.R. 6331, a bill originally designed to delay a scheduled decrease in
Medicare reimbursements that became so packed with Congressional fodder
it was guaranteed to be vetoed by the administration. Doctors now
anticipate a reimbursement increase instead of a sizable decrease.
Competitive bidding on durable equipment contracts has been limited, or
removed, stalling market forces. The political power grab is obvious and
benefits anyone in favor of big government and national healthcare.
Setting aside the political loss to the White House, which is a
non-issue, some claim the big losers are insurance companies that
participated in Medicare Advantage, a program that enabled recipients to
choose among various health plans based on price versus coverage, and
introduced market forces to Medicare. Generally, recipients received
expanded coverage at reduced rates, so it's hard to figure why
Congress should want it removed; nevertheless, millions of recipients
will now see their coverage go down and premiums go up without Medicare
Advantage.
I can't fault physicians for wanting fair reimbursements for
their services. Who doesn't? But at what point do reimbursements
become subsidies? We must acknowledge that Medicare is failing and
someone is going to foot the bill. Regardless of how long this
obfuscation takes or how dark it becomes, Medicare's insolvency is
assured, unless some group accepts a loss to save the nation. Currently,
that sacrificial lamb is our grandchildren's generation, who will
likely see healthcare absorb 50 percent of America's GDP, and who
will fund through exorbitant taxation, an entitlement program on which
they cannot personally rely.
Congress voted Medicare into law in 1965 against 30 years of
vigorous public opposition. Forty-three years later, dire predictions
are coming true. During U.S. House Hearings in 1964, Senator Karl Mundt
(R., S.D.) said that Medicare "would be exceedingly difficult to
discontinue without breaking faith with those who have to pay the
tax." After Medicare's passage in 1965, Senator Mundt
described it as, "another step toward destroying the independence
and self-reliance in America, which is the first best hope of individual
freedom for all mankind."
As it was in 1965, Congress' victory today is America's
failure tomorrow.
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