Teaser - How Medicare Was Privatized (10/26/21)
Death Panel
Death Panel
4.8 • 588 Ratings
🗓️ 27 October 2021
⏱️ 5 minutes
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| 0:00.0 | To hear the full episode, become a patron at petriam.com slash netpanel pod. |
| 0:06.2 | Today we've got a really fun episode for you. We're going to do a deep dive on the privatization |
| 0:15.0 | of Medicare, which is something that's been steadily happening for a couple of decades now. |
| 0:21.1 | Yeah, I think, so this is something that I would say is probably part of, |
| 0:25.1 | we could call this like part three of our death panel history of healthcare in the US |
| 0:30.7 | or socialized medicine or whatever series. |
| 0:34.1 | We had relatively recently, actually, we unlocked in the public feed, the death panel |
| 0:39.9 | history of Medicare, which is kind of the last one that we did. We also did an episode called |
| 0:44.3 | Death Panel History of Socialized Medicine, which is about kind of like the earlier, |
| 0:48.2 | earlier in the 20th century and like the initial, some of like the initial fights over what would |
| 0:53.2 | sort of become Medicare. But sort of, |
| 0:55.3 | if you recall where we last left off, one of the reasons I think to talk about this is, so we're |
| 1:00.4 | going to talk about like, as we mentioned, this category of Medicare plan, which is Medicare |
| 1:04.9 | Advantage, which is a privatized form of Medicare, which has become, I think, it's now like 42% of all Medicare plans, |
| 1:14.0 | which means that now basically, you know, I think a lot of people don't, obviously, yeah, |
| 1:18.4 | a lot of people think about Medicare and a lot of people know something about Medicare, |
| 1:22.1 | but I think a lot of people don't even, I mean, in general, like generally speaking to like |
| 1:26.9 | the public or whatever, do not necessarily, in general, like, generally speaking to, like, put the public or whatever, |
| 1:28.6 | do not necessarily know that Medicare includes this gigantic private component and one that is |
| 1:34.5 | hugely growing. Like, I think the standard history of Medicare is that, like, in the 60s, |
| 1:40.5 | Democrats did this, like, incredible, perfect forward forward looking thing, right? |
| 1:45.5 | That, uh, |
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