NewsPolicy & Law

Newt Gingrich and “Conservative” Hypocrisy on Medicare Part D

1 Mins read

Newt Gingrich has positioned himself as the “true conservative” in the Republican Presidential primary. And last night he trumpeted his support for the Medicare Part D drug benefit program, which was spearheaded by Republican majorities in Congress  and signed by Republican President George W. Bush. Sorry, but supporting Part D and being a conservative don’t go together.

Newt Gingrich has positioned himself as the “true conservative” in the Republican Presidential primary. And last night he trumpeted his support for the Medicare Part D drug benefit program, which was spearheaded by Republican majorities in Congress  and signed by Republican President George W. Bush. Sorry, but supporting Part D and being a conservative don’t go together.

Gingrich said he supported the measure because it didn’t make sense to pay for kidney dialysis and open heart surgery but refuse to pay for insulin or heart medicine. That’s logical enough.

But Medicare Part D was and still is a fiscally reckless program. Unlike Medicare Part A (hospital insurance) which is 84% funded by a dedicated payroll tax, Medicare Part D has absolutely no dedicated revenue source at all, beyond the very modest premiums paid by beneficiaries! And when the prescription drug benefit was put in place there were no attempt to offset the added costs by cutting elsewhere.

In other words, the government’s Medicare Part D costs of about $50 billion per year go straight to expanding the federal deficit.

Worse yet, Medicare Part D is available to any Medicare eligible person regardless of income. That means many seniors who don’t need another handout from the government are getting one.

You can’t be a conservative and be in favor of Medicare Part D. So, which is it, Newt?


Related posts
Global HealthcarePolicy & Law

Do HMOs Deserve A Bad Reputation? The Truth Of Managed Healthcare

3 Mins read
Have you ever heard people say that HMO health insurance is no good? It’s no secret that HMOs have a bad reputation,…
Policy & Law

Top 4 Important Things To Understand About Insurance

2 Mins read
When it comes to Medicare, the enrollment process can be a little tricky. That’s why it’s important to understand the relevant health…
Health carePolicy & Law

Elmiron Controversy Highlights Need For Longterm Clinical Drug Testing

4 Mins read
Elmiron has recently been the subject of a number of lawsuits brought about over claims that the drug causes vision problems and may lead…