Medicare New Coverage This Year

Oct. 28, 2021 - PRLog -- The 1965 legislation that established Medicare and Medicaid declared that the Federal Government would not interfere in clinical medicine. Despite the original intent, Medicare and Medicaid have had tremendous influence on medical practice which no other country experiences.

Over 65 Medicare The Consequences

Once you turn 65 years old, endless emails, flyers, posters and advertisements will flood your inboxes trying to sell you a supplemental Medicare plan or Medicare Advantage plan. And hidden in small print 'It does not cover anything'. In comparison to other countries the system is shambolic to say the least. For the most part, for-profit, private insurance companies do not play a large role in other countries' health care systems as illustrated:

The U.K has the very comprehensive National Health Service, paid for by taxes. Services are generally free, though there are some copayments for prescription drugs and some services unless you suffer from a chronic illness such as diabetes whereby the prescriptions are free (an individual cannot even get insulin covered in the private health insurance market in the U.S because they have a pre-existing condition), including structured paid dental care for most adults.

The Netherlands, residents are required to buy private insurance, which is heavily regulated and paid for by payroll taxes paid by employers, premiums paid by enrollees, annual deductibles, copayments and general taxes. Lower-income folks receive government subsidies to help them afford the cost. Some 84% of the Dutch also buy additional private coverage to pay for dental care, eyeglasses, physical therapy and other services, mostly from non-profit insurers, according to The Commonwealth Fund.

The United States is the only high-income nation without universal, government-funded or -mandated health insurance employing a unified payment system. The US multi-payer system leaves residents uninsured or underinsured, despite overall healthcare costs far above other nations leading to misuse.

Visit us at: www.medicine.sbs

Written by Medicine.sbs | copyright 2021 | All Rights Reserved