I blog about free markets in medical care and transparent pricing.
Check out this letter to the editor from the Washington Times. He almost has it right. When you consider that the purpose of the IPAB (Independent Payment Advisory Board) will limit the price paid for medical care for the elderly below the market rate, you realize that the exposure of the “supplemental” insurance plans leeching on to Medicare is very limited. Let me see….more people scared in to buying these policies….paying out lower amounts for claims….sounds like a money-maker to me!
The AARP, like the AMA, receives a majority of its funding from Uncle Sam. Their endorsement of Obamacare couldn’t have been affected by this relationship.
G. Keith Smith, M.D.