MEDICARE FROM AN ECONOMIC STAND POINT

In order to set in motion the economic discussion on Medicare advantage Plans 2019, we need to address the full extent of just what the nation is up against. Currently, unemployment, as well as the employed, self-employed, and business owners, has passed 10%, about 15 to 16 million people.   Find out more https://www.medicareadvantageplans2019.orgat Add another 6 to 7 percent to that, which includes the part-timers, disabled, retired, and those of working age who have stopped looking.

 

We are watching millions of Americans not drawing active paychecks. The closing of businesses, branch locations, shops, stores, retail, wholesale, and service sectors, adds to the severity of the overall problems. It is conceded that there are many who are drawing from savings, taking early pensions/Social Security income, receiving extended unemployment compensation, and retirees on full pensions. That said, the loss of productivity is simply staggering. All this decreases the taxes available from which cities, counties, states, and the federal government must fund budgets. Naturally, all this leads to ever worsening annual deficits and unfunded liabilities. Finally, federal government for the past 30 years has pursued deficit-spending policies which add to all of this.

 

Navigating Through Tough American Economic and National Health Care, Health Insurance Reform Issues tends to be tricky for consultants. From time to time, there is a need for guidance in Financial Services Practice; now is definitely one of those times. There are two distinct issues working in tandem which determine modifications in the future conduct of our business: The Economy and the Reforms. Here are ideas on how to navigate our way through the maze. This can most certainly be done. With care, thoughtful performance, and innovation, Financial Services Professionals can serve the general public and make the experience satisfying and profitable. Let’s begin with some commentary on the general economic circumstances first. Following that, we’ll take up the Reform issues, how to move through them, and how the way we advise members of the general public on savings, insurance, investment, and retirement concerns.

 

Care rationing is a matter of fact, already in place for some years, and will get more pronounced for everyone. There really is no other sustainable way to do any kind of reform in attempts to control steeply increasing costs of insuring seniors and those below age 65 yr. who can either not afford to be insured, can’t qualify, or act as though they don’t want to protect themselves by checking into their local hospital ER so we can all pay for that.