GOP Details Huge Medicare Change In Leaked Platform

[Motown_Johnny]

5. We should counter with allowing younger people to buy into Medicare

but price their insurance so as to help sustain the program.

Because Medicare's operating costs are so much lower than private insurance, and because there is no profit motive involved, it could still offer lower cost insurance while charging enough to help offset the shortfall for the elderly. It is essentially a free market solution except that the government run program would compete with private companies. It also deals with the individual mandate problem since nobody would be forced to contribute to a private company's profits. They could buy insurance from the Government instead.


This debate would squash the rest of the economic arguments for the rest of the cycle.