Put more money in American’s pockets with the “Medicare Buy-In” plan. Use the recent CBO report which states that “The American people would save 17.6% on health care costs (reflected in the cost of insurance) by using the Medicare insurance system as opposed to the private market”. As a matter of fact, the CBO implies that the 10 year average savings is a minimum of 19.5%. Implementation of this plan pumps approximately One Trillion dollars into the economy over a 10 year period without a “Government Stimulus” or “additional taxes”.
As Medicare doesn’t offer all services, encourage the private Insurance Industry to covert to “Gap Insurance” so that those that can afford additional insurance can purchase services above and beyond the basic coverage of Medicare.