How can the govt provide free strength insurance for everyone over 65?

The whole insurance industry was founded on the impression of "A hospital stay costs a lot. Everyone pays a little, so nobody pays greatly. We don't know who's going to get sick, so everyone's covered just contained by case it's you."

Let's run the numbers: Say a massive hospital stay costs $50,000, but only 2% (or 1 within 50) of the population gets sick in a year. If everyone pays $1,000 a year ($85 a month), everyone's covered.

Fast forward to 2007.
The US is close to becoming a mass-geriatric society.
Just about everyone who makes it to 80 will hold massive hospital bills at some point.

If 80% of a group of people need a massive hospital stay, after the insurance has to cost at least 80% of that hospital stay. At that point, what correct is insurance?
Answers:
the health industry is big big money,even surrounded by the worst times insurance companies are showing out the roof profits,heath care for the poor will other be low grade to nill at best............sad isnt it?also,i abhor when people say in good health theres medicad,if you need a major operation (kidney replacment)and your on medicad it aint gonna arise period.............you are dead
ahhh.... the wonders of communism...
by Jove, i think you got it,.....immediately throw in some illegal alieans into the works, who do not remuneration taxes,.....and it goes back to the feeble saying,....."if you think condition care is expensive now,.....purely wait untill it is free".....
Most inhabitants don't realize that we have social medicine as it is. The grounds we have to pay so much is to support those that can't settle up. And medicare is technically free. Insurance companies are no longer interested in everyone pays a little any. Everyone pays a lot so insurance companies get a great deal to pay stockholders and executive bonuses. Just remember There are no free rides. And someone would aso pay the taxes to procure a comprehensive health care through the governement. The best you can hope for beside the insurance companies is more regulation.
Whoa, there are many seniors who hold private insurance. I retired early and I will not be using medicare.
Exactly. Nothing good can come of gov't provided health support. Look at canada. Or anyother country. It is crappy healthcare.
Everybody knows the problem and letting die the ones that can't pay is not an route. With the money spent in the war we could enjoy covered from the baby boomers to generation Y. I regard prioritizing plays a big role. What do you suggest then?
That's why the government desires to institute national health care . . . it's the just way (statistically speaking) to shore up elderly entitlements.
"How can the govt provide free health insurance for everyone over 65?"

It's called medicare! Every employed character pays into this over their lifetime
It's greatly important the the population be trained, encouraged and given excellent medical opportunity to stay as healthy as possible for as long as possible. The objective should be to provide adjectives necessary influences to keep children decent. We are in fact growing a hugh problem when diabetic obese young-looking children begin to reach young-looking adulthood and progress into middle age. The condition horrors need to be addressed from birth to release or instead, you are absolutely right , we will have a extremely expensive SICK CARE system.
oh, my what an assumption!

so Gov can not provide it? In your scenario there would not be much sense (and business sense) to provide private insurance any! Ever thought of this?

and between two, the better "survival" choice would be government , since it doe snot have to spend 20-25% of the premiums on the administrative costs.
You stumbled on to the curx.

Over 50% of your lifetime healthcare dollars are spent in the end 6 months of your life.

Nobody wants to obverse the real issues.
No politician is going to come out and say they own a "fix".
No politician will win on the platform: no chemo for grandma, no bypass for grandpa.


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