Originally Posted by certifiedfunds
They inserted themselves into healthcare and costs have gone through the stratosphere (Medicare).
They did it in higher education and costs have gone through the stratosphere.
What a bunch of baloney. The higher costs of Medicare are almost entirely due to demographics. Combine that with the perverse system of denial of coverage in the private market due to pre-existing conditions and folks like the aforemenioned "22 year old" choosing to gamble .... leading to hospitals passing on unpaid medical debt the us.
There are many studies that account for Medicare as a wonderful success ... especially if you don't ONLY count dollars.