The crisis with Medicare is not because of financial problems. Clinton's vacillations on Social Security and his promotion of charter schools is now matched by proposals to set up a voucher system for Medicare. The theory behind this proposal is that every Medicare recipient will receive a voucher that they can use to buy health insurance. So it doesn't make sense - unless you're a politician seeking financial support from the insurance industry. For everyone else, it is a disaster.
Corporations love all voucher systems.
Their salesmen lie, cheat and steal when they sell their insurance and pension policies. Low health literacy may impair an elderly patient's understanding of health messages and limit their ability to care for their medical problems. The AMA is a master of understatement, but the facts of the study are clear. Everyone has a problem understanding the insurance system, but the elderly are among the most vulnerable. The AMA article should send the Medicare voucher system to an early grave - but that's not enough.