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Old 08-31-2015, 12:50 PM
 
Location: Las Vegas
14,188 posts, read 27,047,473 times
Reputation: 27439

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Of interest to almost all retired folks. I wish I was old enough to already have it! The article is readable.

http://finance.yahoo.com/news/millio...101500900.html
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Old 08-31-2015, 01:59 PM
 
Location: Wisconsin
23,579 posts, read 50,266,725 times
Reputation: 18239
Subject has been beat to a pulp, here:

Double Whamming Coming our Way

and on yet an other thread, here:

Medicare Part B increase for File & Suspend SocSec folks ??

and more.
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Old 08-31-2015, 02:44 PM
 
Location: Los Angeles area
14,017 posts, read 18,921,976 times
Reputation: 32439
Just what I was thinking, Ariadne. I skimmed part of the article, then stopped reading when I came to the description of the increase as "a financial time bomb". What over-heated rhetoric! So, the premium goes from $105 to $160 for some people. So what? Yes, in percentage terms it's a hefty raise, but in dollar terms it's just negligible.

I can hear the objections to my statement already: "The $55 a month extra is not negligible for some people." Well of course that is true. If someone is near destitute, it will not seem negligible. But why do these articles frame everything based on the lowest common denominator?

Medicare is an incredible bargain, both before and after the increase. Why do so many expect such a free ride? Who is naïve enough to believe that the nugatory Medicare payroll taxes we paid all those years are enough to fund our medical care in old age?
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Old 08-31-2015, 08:01 PM
 
48,508 posts, read 88,704,810 times
Reputation: 18188
Besides it nothing new ;know for decades and pointed out by SS trustee. Every well covered by the Breaux commission; altho it concentrated on SS and SS disability mostly. You can research who on senate committee decided to kick it down the road as usual.
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