What is more cost effective: Medicare with price controls or Private Insurance?

Medicare.

Medicare dictates what will be paid for tests and procedures, while insurance funded (and worse still private payers) patients pay MUCH higher rates. Think X for medicare, 5-6X for Insurance and 10X for private payers.

The article at the link explains why prices are so high, why the poor and middle class risk bankruptcy if they get sick (even with insurance) and how the system of profit and non-profit hospitals combined with greedy doctors (often funded by manufacturers to use expensive devices) and HUGE lobbying (think 3X what the military-industrial lobby pays each year) is killing the US.

Read and weap.

Cost effective, to who? To the tax payer?

MEDICARE cannot have price controls. If you lived in Miami, Florida you will know why I say this. MEDICARE in itself is a money making machine (legally, I'm not talking about rampant fraud). Fraud happens precisely and ONLY because the government on purpose creates loopholes, apparently to create a venue for those who WILL not work a normal 9 to 5 job and will NOT go on welfare. A few former big drug traffickers in South Florida jumped onto the MEDICARE business because it was so much easier and so much profitable than doing drugs!!!

As for MEDICARE legally providing a few million Americans with direct and indirect employment, there is no question about it.

MEDICARE will cease to exist only if and when Obama succeeds in instituting Communistic Socialism or similar strong and permanent Socialism in the U.S.

Medicare advantage plans are Private insurance companies competing with medicare.

They give you WAY MORE stuff than Medicare for the same price.

you tell me.

Which "arguments"? that's unconstitutional? I defy you to tell me the place interior the form of usa you come across the authority for the federal government to intrude in well being care. you won't be able to! no person has the "surprising to well being care" on the cost of all and sundry else. No "surprising", exercised by using one person, can ever positioned any criminal duty or duty on the different person. I could pay for well being look after fat people, drunks, tramps, people who smoke, junkies and toddler factories because of the fact they "choose" it. that's stated as "making existence-type possibilities and residing with the outcomes". in case you identify to laugh white powder, smoke a carton of cigarettes, consume a case of twinkies, swallow a gallon of Jack Daniels on an usual basis, and leap interior the sack with something which will connect you, you deserve in spite of you get. you're making your possibilities. you will pay and stay with the outcomes. Oh, your babies are actually not my duty, the two. the federal government's fulfillment fee. call a single element taken over by using the federal government that replaced into run very nearly as effectively, very nearly as effectively, or very nearly as effectively and did no longer grow to be a extensive tax dollar sucking bureaucratic behemoth. you won't be able to! those are all fact based motives to oppose any interference in MY well being care by using the federal government.

Sorry, can't help you on this one. I use the good ol' British National Health Service.

Want to see the answer to this too