To many of us who live in the real world and understand math this next statement shouldn’t come as a shock to you – Increasing Medicare and Medicaid spending does not reduce Nationwide health care costs.
But alas, there are still many Leftists who labor under the delusion that adding more people onto an already over burdened system such as Medicare/Medicaid would somehow reduce the amount of money we spend as a nation on health care.
It is now known that only about 100,000 people have signed up for insurance on the Federal and State exchanges since the Obamacare website became ‘live’ on 01-OCT-13. This falls way short of the goal and any thinking adult would see this as a disaster but I saw this tweet tonight from @stevebenen (producer for Rachel Maddow show).
I questioned where this 500,000 number came from and he responded.
And I stated that this should not be cause for celebration but he thinks otherwise.
The Leftist theory that adding uninsured onto a government health care plan will cause them to seek preventative care vs. the higher cost emergency room care is great in theory, but that theory falls apart in the real world.
Adding around 400,000 (and a lot more in the future) people to Medicaid will NOT reduce the US health care costs and that is easily proven with historical data.
From the Center for Medicare and Medicaid Services website, I can obtain the total US health care expenditures and spending for Medicare and Medicaid (both Federal and State) since 1960 and can graph them to see if increasing spending in Medicare/Medicaid drives down the overall health care spending in the US.
It does not!
Leftist continue to cling to the notions that people will act in the best financial interests when they are spending other peoples’ money. Unfortunately, that is not the way we’re wired.