VIDEO: See the Future of Healthcare By Looking to Medicare's Past (10:18)
The Desire for a Healthcare 'Safety Net' Goes Back Almost 100 years to President FDR
and His New Deal
FDR Was Able to Pass Social Security, but He Also Wanted a Healthcare Safety Net Too.
Also Wanted a Federally-Funded Healthcare Safety Net.
Carried the Torch of the Healthcare Safety Net. He Was Able to Have Medicare
Legislation Passed in 1965 by Combining 3 Separate Proposals and Acts:
1) Hospital Insurance
2) Doctor Insurance That Was Voluntary
3) the State-Administered Kerr-Mills Act
Hospital Insurance Became Medicare Part A
. Doctor Insurance Became Medicare Part B
. The Kerr-Mills Act Became Medicaid
Also Wanted to Expand the Healthcare Safety Net. President Obama
Expanded the Healthcare Safety Net with Passage of Obamacare. President Biden
is Seeking to Expand the Healthcare Safety Net Too.
The Arc of Government-Funded Healthcare Stretches Back Almost 100 Years
and Will Inevitably Result in the Full Government Payment for Healthcare in America.
It's Not a Question of If
, But When
Implication: United Health Group
is Making Many Acquisitions to Become a Vertically Integrated Healthcare Company to Position Itself as a Major Government Contractor for the Eventual Federal Takeover.