The Grim Reaper: Coming Soon to Take Away your HealthCare
TweetIt is common knowledge that Medicare will not persist at its current rate and that the grim reaper will soon butcher Medicare into bankruptcy. New figures indicate this demise will happen as early as 2017, which is an earlier figure than those of previous estimates. This indicates that the payment situation for Medicare is getting worse at an increasing pace.
This disturbing information was reported by the Medicare Trust Fund, which is legally bound to disclose the status of its healthcare program for seniors. Unfortunately, despite the predictions about the end of Medicare, nothing is being done to fix the problem. Political action must be taken in order to eliminate the bias Medicare currently has for elderly people and to keep the grim reaper away.
Healthcare expenditures have exceeded revenues for years and they continue to do so. Something which augments the issue is that life expectancy has been increasing due to the technological and medical advances of our society. The longer people live, the more Medicare dollars they will consume. Also, now that the baby boomer generation that brought us bellbottoms and Woodstock is reaching the age which qualifies them for Medicare, an increasing amount of people will be given the cheap healthcare political leaders have promised them. This is bound to decrease the life expectancy of Medicare even more so within coming years. Regrettably then, healthcare is paid for by people who will not have a chance to benefit from it because of the coming doomsday of Medicare in 2017, if not earlier.
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