Tagged: Medicare

It's hardly surprising that Thursday night's vice presidential debate in Danville, Ky., would feature a spirited debate about Medicare. GOP vice presidential nominee Paul Ryan is the author of a controversial Medicare proposal that Democrats have been campaigning against for more than a year now.

But fact checkers have raised some flags about some of the claims the candidates made.

Bruce Osterweil is a lucky man to live just a short walk from where San Francisco's Golden Gate meets the cold, rough waters of the Pacific Ocean. He is also a lucky man to have married his wife, Patricia Furlong, who has long provided the family's health insurance through her job at a small financial consulting firm.

But last month, Osterweil's wife turned 65 and decided to retire, and although she may walk away with a crystal bowl or a golden watch for all those years of service, she will also walk away from her company's generous health insurance benefits.

Medicare has an embarrassing admission about readmissions: It goofed.

A paradox of American health care is that hospitals are sometimes rewarded for doing things badly.

Patients who are discharged, for example, shouldn't have to come right back because they got worse after getting home. But if they do come back, hospitals benefit because they can fill an empty bed and bill for more care.

The federal government says, in fact, that Medicare alone pays $17.4 billion a year for unnecessary return visits.