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Medicare Isn’t Free: Why It Costs So Much

TheStreet.com featured Dr. Gerald Kominski of the FSPH Center for Health Policy Research in an article about costs associated with 59 million people nationwide being covered by Medicare.

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Date: 
Monday, February 26, 2018
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To many Americans the Medicare program provides government health care for free. Indeed, this perception fuels the frequent left-wing talking point about replacing the language of "single payer" with "Medicare for all." And, while this may or may not be sound policy, it is not our current reality. For people on it, Medicare can actually be very expensive.

"For the Medicare program to be viable in the future we're going to need to think about ways to provide additional support for people at the lower end of the income scale. Medicare does not for the most part do that now."

"We've got to provide some relief for people at the lower end of the income scale. Otherwise, what we'll be doing is driving more and more seniors into poverty, which is the situation we were in before Medicare was enacted. And I don't think we should be going backward on the progress that we've made over the last 50 years."

 
Those comments came from Professor Gerald Kominski, Director of the UCLA Center for Health Policy Research, talking about the out-of-pocket costs for a senior on Medicare. The situation is far worse than most people think.