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Debate: Should We Privatize Medicare?

Is Medicare working? Should we privatize Medicare ? Will this debate change your mind?

Here are some quotes from Jeremy’s opening statement:

“The happy truth, and it’s completely unavoidable, is that we’re all gonna die. And if we’re lucky, before we die we’re all going to get to old age. During this old age, your body is going to break down… And medical care will be needed. And this is not an abstract we’re talking about; this is real life…Over the past 70 years we have as a nation decided that it was no longer fair to ask senior citizens who couldn’t work to find a way to pay for their own healthcare, typically because they can’t. These are expensive things we’re talking about. Medicare is not going bankrupt. It’s not in dire straits…According to the CPPPD, Obamacare is actually making Medicare dollars go a lot further, meaning Medicare is in better shape thatn previous outlooks have suggested.”

Here are some quotes from Carrie’s opening statement:

“All of us have the goal of to provide great healthcare for seniors. Nobody disputes that. The question is how do we do this in the best way possible…What makes [Medicare Part D] work so well is competition and the private sector is very involved in the process, and satisfaction among seniors is 90%…When government gets involved, there’s a lot of inefficiencies. In Medicare, for example, the Government Accountability Office, the watchdog agency, found that there was $60 billion…in fraud, waste and abuse in Medicare…Part of how you squeeze the most efficiency and get rid of that waste, fraud and abuse, is to make sure that there is competition and price transparency.” 

So, should we privatize Medicare?

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