Top Ten Myths of Medicare
Richard L. Kaplan
University of Illinois College of Law
July 17, 2012
The Elder Law Journal, Vol. 20, pp. 1-32, 2012
Illinois Program in Law, Behavior and Social Science Paper No. LBSS13-02
Illinois Public Law Research Paper No. 11-28
In the context of changing demographics, the increasing cost of health care services, and continuing federal budgetary pressures, Medicare has become one of the most controversial federal programs. To facilitate an informed debate about the future of this important public initiative, this article examines and debunks the following ten myths surrounding Medicare: (1) there is one Medicare program, (2) Medicare is going bankrupt, (3) Medicare is government health care, (4) Medicare covers all medical costs for its beneficiaries, (5) Medicare pays for long-term care expenses, (6) the program is immune to budgetary reduction, (7) it wastes much of its money on futile care, (8) Medicare is less efficient than private health insurance, (9) Medicare is not means-tested, and (10) increased longevity will sink Medicare.
Number of Pages in PDF File: 33
Keywords: Medicare, Long-Term Care, Taxes, LongevityAccepted Paper Series
Date posted: July 18, 2012 ; Last revised: October 3, 2012
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