Thursday, September 5, 2013

Medical Catastrophic Coverage

The recent interest in rescinding Obamacare reminded me of the 1988 Medicare Catastrophic Coverage Act. For those of you who may have forgotten this was the first change to Medicare since its inception in 1965. The Act was so unpopular that in 1989 congress rescinded the whole thing and it was quietly placed in the dust bin of history. Today we often hear commentators and other so called experts say it is the law of the land so learn to live with it, giving the impression that laws cannot be changed. It has happened before so it is not impossible

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