Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 01-25-2011, 12:19 PM
 
Location: Warren, NJ
71 posts, read 125,129 times
Reputation: 45

Advertisements

I've been paying into Medicare for over 30 years and I haven't gotten any benefit from it. Its not a savings account so all the money I put into it is not mine.

Its a Ponzi scheme.

 
Old 01-25-2011, 12:23 PM
 
24,832 posts, read 37,340,970 times
Reputation: 11538
Quote:
Originally Posted by PFBALL View Post
I've been paying into Medicare for over 30 years and I haven't gotten any benefit from it. Its not a savings account so all the money I put into it is not mine.

Its a Ponzi scheme.
Very true.

I don't pay in.

The odd thing, I took a informative test and guess what???

Under Obamacare...I will qualify for Medicare.
 
Old 01-25-2011, 01:29 PM
 
Location: Dallas, TX
31,767 posts, read 28,815,462 times
Reputation: 12341
Quote:
Originally Posted by whatyousay View Post
No. What I'm saying is you can't count your proverbial chickens before they hatch. You cannot bank on the savings of eliminating the 10% fraud and waste until you've actually eliminated the 10% of fraud and waste. History has shown that it's easy to say you are going to get rid of all fraud in medicare, but it's a whole other animal to actually reap savings from it. I certainly didn't say it's impossible to accomplish, nor should we try. Quite the contrary. Too bad the idiot elected officials refuse to do the very things that would have the greatest impact, like making reimbursements two-party payable instead of directly reimbursing the care giver.

Do you not see the idiocy in saying "Well, 10% of all Medicare claims are fraudulent. Therefore, I am going to reduce the budgeted money for Medicare by 10% and call it a successful day. Problem solved."??
I don't see anybody make that claim. Stop making things up. Ever worked on a project for cost savings and waste reduction? Or, have you even heard of such things existing? But, if they do, bad and impossible idea, right?
 
Old 01-25-2011, 04:23 PM
 
41,813 posts, read 51,045,587 times
Reputation: 17864
Quote:
Originally Posted by EinsteinsGhost View Post
So you don't believe that inefficiencies exist, and so we shouldn't look at reducing those.
Surely they exist and should be reduced but we already have this type of legislation in place since the 90's.

Quote:

http://www.philly.com/inquirer/business ... _cuts.html (http://www.philly.com/inquirer/business/20101113_Doctors_brace_for_possible_big_Medicare_p ay_cuts.html - broken link)

WASHINGTON - Breast-cancer surgeon Kathryn Wagner has posted a warning in her waiting room about a different sort of risk to patients' health: She will stop taking new Medicare cases if Congress allows looming cuts in doctors' compensation to go through...

...lawmakers in the 1990s devised a formula for payment cuts intended as an automatic braking system to keep Medicare humming along at a sustainable growth rate.

But every time health-care costs went up, the legislators hit the override button to block the payment cuts.
This is unrelated to Obamacare, that legislation which is identical to what we're discussing here AFAIK was passed in the 90's... You can write anything you want down on paper, doesn't mean its going to happen.
 
Old 01-25-2011, 06:48 PM
 
Location: Land of debt and Corruption
7,545 posts, read 8,326,163 times
Reputation: 2889
Quote:
Originally Posted by EinsteinsGhost View Post
I don't see anybody make that claim. Stop making things up. Ever worked on a project for cost savings and waste reduction? Or, have you even heard of such things existing? But, if they do, bad and impossible idea, right?
What they are essentially saying is that they will reduce the budget by the amount of fraud and waste they intend to eliminate. Seriously, stop spinning it into something else. All I'm saying is that you cannot count on projected savings from fraud and waste abuse elimination until you actually capture those savings. Simply reducing the budget has ZERO to do with if they can even reduce or eliminate the waste, not that they shouldn't try. But, you cannot tie one to the other.
 
Old 01-26-2011, 12:51 PM
 
2,541 posts, read 2,738,358 times
Reputation: 492
Quote:
Originally Posted by PFBALL View Post
I've been paying into Medicare for over 30 years and I haven't gotten any benefit from it. Its not a savings account so all the money I put into it is not mine.

Its a Ponzi scheme.
This entire economy consists of borrowing from private bankers (the 'Fed'), in order to pay for social security, Medicare, welfare, other services, infrastructure, defense, etc, and using taxes on income, property, sales etc to repay the bankers. In essence, we are all owned by the bankers, and since our tax base is shrinking by the day, in terms of job loss and property default, the taxpayers will continue to see their taxes increased. The avoidance of such, which is Obama's solution, by just issuing more debt than the capacity to repay, must result in default by the borrowing institution (our government).
 
Old 01-26-2011, 12:59 PM
 
22,768 posts, read 30,730,722 times
Reputation: 14745
Quote:
Originally Posted by freefall View Post
The Texas House just proposed a 10% cut in Medicaid payments to doctors, hospitals and other healthcare professionals. And in California, a 10% Medicaid rate cut has made its way to the US Supreme Court.

Poor people get sick regardless of how much their insurance pays.
And when they get sick, they go to the doctor.

And if no family physician will take their insurance, they go to the emergency room. And the doctors in the ER have to treat them.

And if Medicaid doesnt pay enough to cover the cost of the ER visit, then the rate that your hospital charges your insurance company will go up in order to cover the difference.

And then your insurance premiums will go up….

…but for whatever reason, it seems as if most of consider it more palatable to pay to care for the poor through our individual insurance premiums instead of through increased taxes.

Who gets hurt when Medicaid gets cut? You do. | Mental Notes (http://jamesbakermd.com/2011/01/21/who-gets-hurt-when-medicaid-gets-cut-you-do/ - broken link)
Do away with the mandate that ER rooms must treat anyone and everyone; problem solved.
 
Old 01-26-2011, 01:05 PM
 
48,502 posts, read 96,848,488 times
Reputation: 18304
We willsee who gets hurt when the healthcare law that will expnad medicaid and the federal hwelp gets elominated . Nelson (D) got a exemtio because he said it would bankrupt his state nebraska with the state share increases. I most sates that likely to come knocking on middle and lower middle class insomce payersw i sales taxes etc. That o already rising increases they pay for the mandates in the healthcare bill on their own insurances cost.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 11:16 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top