Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
WASHINGTON (AP) - You paid your Medicare taxes all those years and want your money's worth: full benefits after you retire. Nearly three out of five people say in a recent Associated Press-GfK poll that they paid into the system so they deserve their full benefits - no cuts.
But a newly updated financial analysis shows that what people paid into the system doesn't come close to covering the full value of the medical care they can expect to receive as retirees.
Its more like insurance and a investment combined in that you pay fpor years as a investment that you get no benefit from and you expect the investment over those years to grow. That is the problem really ;government is the only borrower. Then of course ;the government actually uses your investment in healthcare for the future to pay healthcare for those who have put little or nothing into the fund. Like SS which would be a illegal trust if not government ;the insurance would be illegal.But then of course medicaid is a pure entitlement like so many other programs;so medicare is at least good in comparison with covering unisured . Wait until they dump millions into medicaid and see your taxes rise within states in 2017 when federal assitance ends for states.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
