The Democrats, flushed with triumph at having taken Medicare for All “off the table” during a pandemic! when they “beat the socialist,” have initiated a process that will culminate in Medicare’s complete privatization. (This after having implemented an NHS-style “free at the point of care” vaccination program, too.) In this post, I’ll first look at the current state of Medicare; the neoliberal infestation is bad. Then, I’ll look at the Democrat’s privatization scheme. (I am looking at Medicare through the lens of political economy; sadly, I cannot give advice on Medicare for your individual state, but there is a program of volunteers who can do that. I believe we have at least one reader in this program.) This will be a long post, but I feel it’s important to lay down some markers, here.
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As I made my most recent Medicare presentation, I smiled to the familiar comment: “Why do they have to make this so complicated for old people”? This is coming from a PhD scientist, by the way. Like anything else, if it is your job, it seems easy. But if I were to look through the microscope or at the myriad of documents in his profession, I would be lost.
This time of year can be particularly confusing to seniors and their helpers. It starts with the AEP or Annual Election Period for Medicare. This runs from October 15th to December 7th each year.