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Medicare Budget Crisis - Essay Example

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Medicare Budget Crisis Name Institution Medicare Budget Crisis Introduction Compared to any other developed country, America has the costliest system of medical aid since it spends most of its funds on providing accessible medication to all its citizens (White, 2003)…
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Medicare Budget Crisis
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Critics claim that America’s medical system is one of the failing ones mainly because of its expenditure and lack of autonomy on the responsible parties. As of today, about 44 million Americans (approximately 16 percent) lack any sort of medical insurance (Taylor, 2012). This is extremely absurd given that the government strives a lot to see its subordinates sustain their health. This paper will seek to discuss five Medicaid suggestions set forth by five different senators and provide one more suggestion, which appears more substantial when implemented.

Senator 1 Senator 1 suggested to the Congress that the government should pass the cost of Medicaid to the states. A closer outlook into this suggestion shows that passing the cost of Medicaid to the states would have negative implications since studies show that most of these states might not be in a position to settle the expenses (Arnold, R2011). Even though this may seem hard and somewhat intolerable, the brighter part of the suggestion posits that the government will be able to provide medical assistance to its citizens without many huddles.

This is so because the states will be the ones responsible for their own medical expenses, which is more considerable when compared to the former (White, 2003). This is an indication that this suggestion is advantageous to the government and the citizens as well as the states since it is a way of distributing resources to the states. It facilitates easier access to medical aid to every state’s people making it reliable and affordable (Arnold, 2010). Nevertheless, noting that this suggestion is disadvantageous to agencies involved is crucial.

If the government happens to resolve into passing on medical care cost to the states, many injustices will take place (Taylor, 2012). For one, the cost of settling any medical expenses incurred or getting medical insurance would be very high and therefore the states would not be able to cater for its citizens. Generally, the cost of Medicaid would only be worse due to its high cost when passed on to the state’s budget structure (Arnold, 2010). According to senator one, passing on the cost of Medicaid to the states would indicate that very many Americans would fail to cater for their medical care hence go for years without health care.

This is very taunting to many citizens, as they would face difficulties when it comes to Medicaid (Arnold, R2011). Senator 2 With reference to the current system of medical care in the US, senator two’s suggestion is very relevant and advantageous to almost every American. Based on the idea that the government must alter the definition of some identification such as “poor” into those people who are virtually homeless, it is seeable that the government can save the presumed amount, which is $500 billion (Taylor, 2012).

Altering the Medicaid qualifications is an advantage that the government may consider putting into place if it wishes to have its cost of health care decline and pave way for easier allocation of budget to other departments within the government (White, 2003). Additionally, lowering the threshold line, which is set by the Federal Poverty Line, can end up being a very essential tool towards realizing the predetermined savings amount in the Medicaid sector (Arnold, R2011). On the other end, understanding that the second suggestion can come along with several negative effects is of great essence to every party involved.

In any case, if the government results into implementing

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