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September 1, 2009

Medicare at 44? CNBC thinks so.

Sometimes the ignorant remarks about reforming health care are just scary. I’m not talking about comments made in the heat of passion at town hall meetings.

I mean Maria Bartiromo. The CNBC anchor, apparently no fan of a public option, doesn’t know what Medicare is as you’ll see from this item and video posted on Huffington Post.

In an interview with Bartiromo, New York Congressman Anthony Weiner explains that the United States already has a public option — Medicare — which offers consumers a wide choice of doctors and is popular with beneficiaries. Bartiromo’s stupefying comeback: “How come you don’t use it? You don’t have it. How come you don’t have it?”

Clearly Weiner is under age 65. Huffington Post says he celebrates his 45th birthday this week. Weiner explains Medicare is for those 65 and older. Even then, Bartiromo seems to think he’s giving her a flimsy excuse. Yikes! Let's hope CNBC viewers aren't counting on her to inform them on health care.

Weiner is correct. Beneficiaries love Medicare.

Recently, an insurance executive visited the Baltimore Sun and we got to talking about health care reform. He talked about how bad a government- managed plan would be. I said that in all the years I have covered personal finance, I have never heard from a reader complaining about Medicare. They expressed frustration of signing up for Medicare Part D, but never a harsh word for Medicare. He then acknowledged that his mother is on Medicare and it’s very good insurance.

Posted by Eileen Ambrose at 5:24 PM | | Comments (8)
Categories: Healthcare
        

Comments

To quote Bugs Bunny "What a maroon!"

Saw this on the TV. Amazing that people actually listen to her when she seems to not know the most fundamental information about a major topic of the day.
Heard Dave Ramsey on the radio tell a guy to just leave his $130,000 in the bank, that the chances are nearly nil that it would go bankrupt and said that 100,000 of his money is insured. Guess he doen't know that accounts have been insured for $250,000 for quite a while and if you title your accounts correctly for much more.
It is amazing the people they put on the air waves as being experts

This is unbelievable! And its not the first time for Ms Bartiromo. How is it that she still has a job?

Maria Bartiromo looks good. That's the number one criteria to be on TV, not smarts. If she looked like Ben Stein she wouldn't have a prayer of being in front of the camera. Britain seems far less obsessed with looks than we are. They have plenty of ordinary looking people on the telly.

Look at everything else the government operates and its a mess. There is no way I want more government in my every day lives. The state DMV is a mess. Social Security is a mess. For example, the rocket scientists at Social Security spelled my son's name incorrectly and the street we live on incorrectly. I tried to resolve and was told by one person that my son needs to call personally and another person told me to I would need to visit a local office and bring him to sort this out. My son is 3 months old. Do I want to deal with more people who can't get fired for incompetence and stupidity? No way. The best way to fix healthcare is to cut back on the number of specialists, force more grads to become internists, require and doctor that gets a loan from the government to go to medical school be required to take insurance plans. Obviously the system needs to improve but I don't want politicians who have the best health insurance in the world to mandate that my son can't see a specialist in another town if I feel that the specialist in my town in my town is not competent.

I'm in my 50s and I would love to be on Medicare. Can I quote her when I try to sign up?

They never heard complaints about it??
what Planet and people are they speaking to??
It is obvious they did not speak to "Real" working class people

The problem with Medicare isn't that enrollees don't like it. Mostly they do.

The reason enrollees like it is that it allows them access to excellent private health care (which is great for them) and pays the bill, pretty much with no questions asked (which they like, too).

The problem is that it pays the bill by passing it on doctors, non-Medicare insurance plans, the uninsured, and future generations of taxpayers.

Adding the rest of us to the Medicare system will not make that problem go away, it will make it worse UNLESS health care services are rigorously controlled both for seniors and for the rest of us, in ways most of us have not experienced.

This, in turn, simply shifts the cost yet again. In dollars, the cost may be lower, as it is in Canada, the U.K., etc., but in pain, inconvenience, disability and reduced survival rates from many ailments, it will be higher. Your knee replacement surgery will cost less, but you will have to live with the knee pain for 18 months instead of three weeks. Your lung cancer treatment will cost less, but won't start as soon, so your 5-year survival rate will be lower.

There is simply no free lunch. Amazing how hard it is for people to accept that.

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