Regarding the Nov. 23 article headlined, “Medicare premium increases on the way,” you don’t have to be a scientist, accountant or even a financial adviser such as Reginald Jensen (letters, Nov. 21) to know that if you have health insurance, your premiums, deductibles and out-of-pocket expenses go up year after year. In 2016, the average premium increase will be 15 percent.
Americans are paying more for health care insurance and getting less health care than any other industrialized nation in the world.
Everyone knows the cost of drugs in the United States is at least double that in any other country. We’re being gouged — and not just Medicare recipients (just go online and google drug prices in Canada or Mexico).
Medicare is publicly funded but it doesn’t go far enough. We get a “wellness” interview but no physical examination. And we need Medicare Advantage plans to help cover the 20 percent of expenses that’s not covered. Every year those insured by Medicare or under the Affordable Care Act have to shop around for the best deals on premiums and coverage. That’s a headache and adds administrative costs to everyone’s bill.
Two major expenses for health care insurance are drugs and administration. We could cut administrative costs by 33 percent and drug costs by 40 percent or more if everyone paid into one public plan that would pay care providers directly. It’s time for a change. Visit hcao.org for more information.