The NYT reported that Medicare premiums are projected to increase by 15 percent this year. Medicare costs are projected to substantially outpace inflation in the decades ahead due to the fact that U.S. health care costs are projected to continue to rise more rapidly than costs in other countries.
This means that the United States could gain a large and growing amount of money by allowing beneficiaries to buy into the more efficient health care systems in other countries. For some reason, the media refuse to ever mention this option, talking exclusively to protectionists on this issue.
I’m writing to you today with a sense of urgency that I haven’t felt since I began my journalism career. As executive editor of The American Prospect, I’ve witnessed firsthand how independent journalism serves as a crucial bulwark against the erosion of our democratic institutions. Today, that role is more vital than ever. Can you step up today and show your support?
The winds of authoritarianism are blowing stronger. We’re seeing alarming signs of a coordinated effort to silence critical voices and undermine the very foundations that support progressive causes. As Bob Kuttner presciently wrote in our August 2024 issue, a weaponized IRS could attack the very foundations of the progressive movement. We need readers to step up and help us dig in for the long haul.
We’re falling behind in our spring fundraising campaign, and with so much at stake we can’t afford to come up short. If you value fearless, independent journalism that holds the powerful accountable and defends democracy, now is the time to step up. The American Prospect depends on reader support to stay in the fight. Pitch in today and help us close the gap. Please consider making a donation today.
–David Dayen, Executive Editor
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