Medicaid Recipients | InvestmentWatch

That Which is Unsustainable Will Go Away: Medicare

by Charles Hugh Smith from Of Two Minds

That Which is Unsustainable Will Go Away: Medicare

Medicare is an example of an unsustainable system that will go away in the decade ahead.

Here are the sobering facts about the number of workers and those drawing Social Security, Medicare and Medicaid entitlements in the U.S. While the government claims to have a “trust fund” to pay for Social Security and Medicare, this is illusory propaganda. There [...]

California’s Greek Tragedy

Long a harbinger of national trends and an incubator of innovation, cash-strapped California eagerly awaits a temporary revenue surge from Facebook IPO stock options and capital gains. Meanwhile, Stockton may soon become the state’s largest city to go bust. Call it the agony and ecstasy of contemporary California.

California’s rising standards of living and outstanding public schools and universities once attracted millions seeking upward economic mobility. But then something went radically [...]

States to sharply limit Medicaid hospital stays

A growing number of states are sharply limiting hospital stays under Medicaid to as few as 10 days a year to control rising costs of the health insurance program for the poor and disabled.

Advocates for the needy and hospital executives say the moves will restrict access to care, force hospitals to absorb more costs and lead to higher charges for privately insured patients.

States defend the actions as a way to [...]

InvestmentWatch

California’s Greek Tragedy

States to sharply limit Medicaid hospital stays

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