The most successful health insurance program, Medicare, was enacted in July,1965 to provide health insurance for people ages 65 and older and disabled regardless of income or medical history. Medicare is more efficient than private health insurance
Last year, the federal government spent $20.5 billion overpaying private insurers for Medicare Advantage plans — and the industry’s aggressive lobbying campaign is kneecapping efforts by lawmakers to stop the scheme.
New York City’s Municipal Labor Committee voted March 9 to scrap some of the best retiree health care coverage in the country. The change would put 250,000 city retirees into a for-profit Medicare Advantage plan run by Aetna.
The Medicare privatization program "presents a threat to the integrity of traditional Medicare, and an opportunity for corporations to take money from taxpayers while denying care to beneficiaries," said Physicians for a National Health Program.
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New York City has kept a covenant with its workers: your wages will be modest — lower than those of your counterparts in the suburbs or the private sector — but as a full-time employee you will be entitled to health care coverage without premiums.
While a big victory, Medicare did not provide full coverage for all services, and from its inception, there has been a drive to privatize and hand it over to profiteers. With privatization, profits ensue as additional restrictions are imposed.....
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