Kamala Harris proposes a new Medicare home-health-care entitlement suggesting a cost of $40 billion annually, but analysis indicates it could realistically reach $400 billion.
The proposed home-health-care benefit may be popular due to aging demographics, but the significant financial burden raises concerns about feasibility and sustainability.
The expectation that Medicare drug-price controls will effectively fund new entitlements is misguided, as previous attempts led to increased premiums rather than reduced costs.
With Medicare's trust funds projected to be empty by 2036, there’s a pressing need for realistic fiscal strategies rather than untested entitlement expansion.
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