Medicare Still Strong And Built To Last!


Fact Sheet dated January 2017: 

Medicare Rights Center came out with some interesting facts regarding Medicare.

  • 57 million Americans rely on Medicare for health insurance coverage.1
  • More than 95% of Americans consider Medicare an important program.1
  • Around 90% of Americans want federal Medicare spending to stay the same or increase.1
  • Around 85% of Americans want Medicare to negotiate drug prices.1
  • People with Medicare already pay a significant amount toward health care. In 2012, they paid 14% of household expenses toward health care costs, nearly three times as much as those not yet on Medicare.1
  • Medicare does a better job of controlling costs than private health plans.1
  • Baby Boomers need Medicare to retire.1
  • Past proposals to implement premium support would give people with Medicare a voucher or coupon to purchase health coverage, either a private plan or Original Medicare. The value of the voucher is not likely to keep pace with rising health care costs, meaning people with Medicare would pay significantly more.1 
  • Medicare provides health coverage less expensively than private insurance and has lower administrative expenses than private health plans which, by design, turn a profit.1
  • Medicare is not going bankrupt.1


For even more interesting facts, you can download their fact sheet by clicking the web link below:

https://www.medicarerights.org/pdf/medicare-strong-built-to-last-2016.pdf


1.Source: http://blog.medicarerights.org/medicare-strong-built-last/ January 2017
http://blog.medicarerights.org/medicare-strong-built-last/


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