Wednesday, April 16, 2014

Brasfield 3-5

Medicare is one of the most talked about programs when it comes to any type of healthcare system. We have also discussed Medicare to great lengths during our class discussions. Brasfield brings up a great point; the volume of Medicare eligible is about to double in the near future. The funds for Medicare are already limited, leading to the main point. Where is the government going to increase its funding for Medicare? It seems to be a consensus that current employees need to pay in a little bit more because eventually they are going to be receiving Medicare benefits. I think that this is the only realistic option to increase tax revenue for Medicare. People will be skeptical about it because it seems to be a very similar revenue situation as the social security program, which people are also very skeptical about.

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