Tuesday 21 October 2008

It's a kind of magic!

My mastery of mathematics ain't what it used to be.

The revocation of automatic medical cards for over 70's in the budget speech was implemented in order to save €100 million.

Following the subsequent (and apparently completely unexpected) public outcry, the weekly income limit for eligibility was increased to €240 per week for a single person. This may have been a panic measure but it certainly wasn't a U-turn as it was in keeping strictly within the parameters outlined in the budget.

Today, in another non U-turn (no... really!), Brian Cowen announced that the income limit for a single person is to be increased to €700 per week. In addition, the government will enter into negotiations with the IMO for a reduction in the fees received by GPs who treat over 70's medical card holders. All of this, according to this morning's statement, will ensure the "savings required by the budgetary framework" are maintained.

So, 95% of over 70's will be entitled to automatic medical cards and some future negotiations may see some reduction in the fees paid to GPs, yet they can claim this non-U-turn is budget neutral (i.e. it will still save €100 million).

Mathemagicians!

1 comment:

sheepworrier said...

"Juz like tha"