The Case Against Medicare Prescription Coverage

Paper Summary:

Medicare was established to provide health insurance to Americans 65 years or older. The paper looks at the way in which it was created and the ways in which it is suffering. The writer uses sources to argue that congressional budget cuts are leaving Medicare with little hope of providing the necessary service to its target population.

From the Paper:

"Health insurance was made more available and more affordable due to governmental tax credits given employers providing this benefit to their employees. While this subsidy increased availability, it also drove up the cost of medical care for everyone. It was at this time that the plight of the elderly, the least able to bear increases in an area that impacted them more than any other group in the society, was brought to the forefront."

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