Medicare's Midlife Crisis Review

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(More customer reviews)This is a concise, well told tale of the morass that the Medicare program has become. Although Blevins described herself as a "policy wonk" to me in a recent interview, the book is well written, and clearly explains a complex subject.
The book tracks the early efforts at compulsory insurance efforts, on the national as well as the international scene, up to recent schemes for expanding the program by adding a prescription drug entitlement.
Waste, fraud, abuse and misuse account for some 800 million to 1.6 billion dollars yearly in this program. And, as Blevins points out, "If health care costs continue to rise with fewer workers to finance the program, the federal government will have to raise taxes, increase seniors' out-of-pocket costs, reduce benefits, or implement a combination of these reforms."
Most seniors believe that Medicare pays for everything. Nothing could be further from the truth. The tables in the appendices outlining the payment limitations should be read by everyone who uses Medicare to pay for their medical expenses.

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