Is Medicare a social program?

Medicare is a social insurance program that provides health insurance coverage to about 60 million Americans- 51.2 million ages 65 and older and 8.8 million persons with disabilities- and is one of the nation’s largest sources of health coverage. The official Medicare website is www.Medicare.gov.

Is Social Security an element of socialism?

Social Security and Medicare are two separate programs administered by the government, but funded by individuals and their employers. The government does not contribute any funds into the programs. Socialism is where the government provides services to all, irrespective of whether they contribute.

Is disability a socialist program?

Medicare, unemployment (he means unemployment insurance, not unemployment itself which is something socialism is rather good at producing), disability support, farm subsidies, none of these are socialism in any form or manner. Socialism is about who owns the productive assets in a society.

Is Medicare a form of socialism?

No. Medicare is a form government provided health insurance. Socialism doesn’t mean “anything the government runs.”. Socialism is an economy run by workers and geared to the public good, not private profit. Medicare doesn’t eliminate private profit from the health care system.

Is Social Security considered socialism?

Socialism is a scareword they have hurled at every advance the people have made in the last 20 years. Socialism is what they called public power. Socialism is what they called social security. Socialism is what they called farm price supports. Socialism is what they called bank deposit insurance.

Is health insurance socialism?

Health Insurance is not socialism, not until it is controlled by the government, and then only when the government dictates all the care options. Some portions of society always seek to add responsibilities to the government.

Is socialism compatible with democracy?

No, capitalism is not compatible with democracy unless it is tied down and contained by a healthy social democracy. The people, not the banks, not the industrialists and not the elites, should rule. That is democracy. Capitalism is the opposite.