Health

Hartmann Report -  Senate Democrats noticed that traditional Medicare is the only insurance in America with no limit on what it can cost you, and decided to do something about it. Sen. Ron Wyden and 14 co-sponsors introduced legislation Thursday — the Medicare Cost Cap Act — to put a $5,000 annual ceiling on out-of-pocket spending for seniors in traditional Medicare. Right now, beneficiaries owe 20% of their medical bills with no upper bound, which means a cancer diagnosis or a long hospital stay can run into tens of thousands of dollars; that terror is precisely why 43% of enrollees shell out for separate Medigap policies whose premiums keep climbing each year. (As I document in shocking detail in The Hidden History of American Healthcare, that 20% hole was put in there by Southern conservatives to keep Black people from using the system.) Every other corner of the insurance world — employer plans, the ACA — already has a cap. Wyden framed the coming fight as Democrats trying to give Medicare patients “a fair shake” while the other side runs interference for billionaires, and Protect Our Care hailed it as a direct answer to the Trump-era affordability crisis. Yes, it would cost the Treasury real money — perhaps $50 billion a year — and yes, the bill is a long shot in this GOP-run Congress. But that’s the whole point: it draws the line in bright paint heading into November. Following Reagan’s old “Two Santas” strategy, a Republican-run government that found trillions for billionaire tax cuts suddenly developed a “steely concern for the deficit” the moment a middle class grandmother with cancer might benefit. That reflex, too, is a 45-year-old GOP inheritance…