Immigrants for years have paid far more into Medicare’s coffers than they have pulled out, effectively subsidizing rising healthcare payments to the aging U.S. population, a study released on Wednesday showed.
The analysis from Harvard Medical School showed immigrants generated a $13.8 billion surplus for the U.S. government healthcare program for the elderly in 2009, the most recent figures available.
From 2002 through 2009 immigrants posted a Medicare surplus of $115 billion, while the American-born population logged a deficit of $28 billion in contributions.
The Harvard study was posted in the June issue of the medical journal “Health Affairs.” It counters impressions that immigrants put a strain on healthcare resources.
House Democrats came away from a closed-door meeting with President Obama on Thursday expressing openness to his proposed cuts to Social Security and Medicare, after he assured them he would never cut entitlement benefits unless Republicans yield on tax increases.
After the meeting with Obama, several key Democrats expressed an openness to entitlement benefit cuts as part of a broader budget bill that includes higher taxes. Their statements run counter to the hoary conventional wisdom in Washington that Democrats are just as stubbornly opposed to cutting safety net spending as Republicans are to higher taxes.
In an important indication of where Democrats stand, House Minority Leader Nancy Pelosi (D-CA) told reporters after the meeting Thursday that as long as “Chained CPI does not hurt the poor or the very old, then it is something to put on the table.
The poor are getting poorer thanks to House Democrats’ apostasy. Grandma will now be eating catfood AND have to choose to pay rent or buy medications.
Medicare isn’t a Single Payer System because Medicare would be one insurer of many who would pay for supplies, medicine and services. There would still be Aetna, Anthem, Blue Shields and Crosses (and companies licensing that name) and many others with negotiated rates and prices that they’d pay on a list. The administrata would remain in place.
Single-payer is a term used to describe a type of financing system. It refers to one entity acting as administrator, or “payer.” In the case of health care, a single-payer system would be setup such that one entity—a government run organization—would collect all health care fees, and pay out all health care costs. In the current US system, there are literally tens of thousands of different health care organizations—HMOs, billing agencies, etc. By having so many different payers of health care fees, there is an enormous amount of administrative waste generated in the system. (Just imagine how complex billing must be in a doctor’s office, when each insurance company requires a different form to be completed, has a different billing system, different billing contacts and phone numbers—it’s very confusing.) In a single-payer system, all hospitals, doctors, and other health care providers would bill one entity for their services. This alone reduces administrative waste greatly, and saves money, which can be used to provide care and insurance to those who currently don’t have it.