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Watch the video: Stossel: Elderly Rob The Younger Generation
Personally I resent money coming out of my paycheck to pay for Medicare because chances are when I reach the age that Medicare currently starts...such a system more than likely won't be in place.
Should Medicare be phased out?
Should Medicare be cut out for wealthy elderly people?
medicare, social security, and all federally funded retirement and health insurance programs should be gotten rid of. all the monies currently taken by the federal goverment from the people should be refunded to those same people, plus all programs that counted on the social security money to be in the general fund should also be abolished and its employees fired.
I paid my dues. I went 30 years with out insurance. I was in business for myself and I could not afford insurance. I made it across the line. I paid my fair share and I say leave it in place!
no bek the young will soon become the elderly and then where will you be???
as to stealin---i see groovy tattoo tongue pierce becomes gramma's best friend all too often.
Last edited by Huckleberry3911948; 05-09-2009 at 10:38 AM..
I paid my dues. I went 30 years with out insurance. I was in business for myself and I could not afford insurance. I made it across the line. I paid my fair share and I say leave it in place!
Agree. My wife who has fallen ill paid into medicare for 30 years. She's entitled to it now especially sinse no private insurance company will cover her. That is why there is medicare because not enough profit margin is there for the big insurace companies to take a interest in.
I would rather Medicare be phased out.
As the video pointed out, many of those on Medicare now didn't pay as much into the system as they think.
As the seniors in the video said, "Life isn't fair."
The best solution I can think of is that we grandfather people for what they have paid into Social Security and give a starting date where people will no longer have to pay but with the understanding that they will have to make plans for their future.
Now, I think that if a 25 year old today is told that, he may still get either a check back for the few years he paid or if he waits to reach the retirement age he will get a very small check. He now know he will have to start planning for retirement.
However, if the government said that in year 2015 people will not have to pay into Social Security from that point on, those that are not working today will not put into the system any of their money.
There could be a phasing out period so those that do not want to pay into social security anymore can stop paying and those that want to stop paying at 2015 may still get something when they reach their retirement age.
There was an attempt to means test benefits in the 80's and there were damn near riots at the senior centers. I find it kind of funny to see folks talking about phasing out SS and letting workers do their own investing for retirement (which we know probably wouldn't happen to any great extent) when a recent President suggested allowing workers to invest a small portion of their FICA amount and he was pilloried in the press, on talk shows and, surprise,on forums like this one.
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