Tags: Biden Administration | Medicare | medicare for all | financial distaster

Aging Population Will Cause Liberals' Medicare-for-All to Be Financial Disaster

A Medicare for All bus stop billboard in Washington, DC, on April 22, 2020. (OLIVIER DOULIERY/AFP via Getty Images)

By    |   Tuesday, 09 March 2021 12:20 PM

The U.S. is already facing a forthcoming financial shortfall with the current Medicare system and healthcare policy experts say the problem will only be exacerbated if the program is ever expanded to a Medicare-for-All type system.

Progressives are gunning to implement a single-payer system or form of socialized medicine in the U.S. and President Joe Biden campaigned on lowering the age for Medicare eligibility. Experts warn the current Medicare system is facing a financial crunch that wouldn’t be able to withstand monumental changes, especially as the country’s population ages rapidly.

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The U.S. is already facing a forthcoming financial shortfall with the current Medicare system and healthcare policy experts say the problem will only be exacerbated if the program is ever expanded to a Medicare-for-All type system...
medicare for all, financial distaster
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2021-20-09
Tuesday, 09 March 2021 12:20 PM
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