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And I said monthly premiums. I'm saying monthly copays would need to go up dramatically in order for Medicare to be solvent. Do you not agree with this? Do you not see how underfunded Medicare is? It should either end, or seniors need to pay more. Much much more.
I don't track your retirement, sorry.
No, you did not say premiums. Premiums are NOT the same as copays. This is insurance 101. You have to pay your premium every month but you might never see a health care provider or need any meds in which case you would not have to pay any copays. How can you start multiple threads on this subject and not understand the most basic principles? Tell the truth...this is either your first job or you are still in college, no?
House Republicans are proposing to cut $5.5 trillion in U.S. government spending and balance the budget in nine years by cutting Medicaid and food stamps and partially privatizing Medicare.
And don't forget, a lot of Medicaid, most of it even, goes to seniors.
House Republicans released a 2016 spending blueprint Tuesday that fulfills the GOP goal of balancing the budget within 10 years, but only by slashing Medicare and other safety net programs, while dramatically boosting military spending. The annual budget, at $3.8 trillion this year, revisits the GOP's past ideas for shrinking government -- including its signature proposal for overhauling Medicare with a voucher-like private insurance option.
The facts are that most of us can do without Medicare. Must seniors could do without Medicare as well but it comes with an *. That * is most seniors if they had 40 plus years planning and didn't have mandatory Medicare taxes over their 40-50 year working history. Most seniors would be fine without Medicare.
Heck. I am proud to say both my late father (who died in 2005) and my mother who is 75 years old. Both my parents have never used a single penny from Medicare payouts. Zero. Like $0.
My mother is still working full time as a pharmacist. She does it to keep herself busy. Not because she has to. She travels the world in her free time with her bucket list group of friends.
Sure mom could get sick and eventually die and eventually use Medicare. That's all the normal course. But to date she hasn't used a single dime and contributed decades worth to Medicare.
If Medicare wasn't around she'd still be fine. Especially all the extra money she would have around and invested and planned for over almost 45 plus years she's been working.
And I said monthly premiums. I'm saying monthly copays would need to go up dramatically in order for Medicare to be solvent. Do you not agree with this? Do you not see how underfunded Medicare is? It should either end, or seniors need to pay more. Much much more.
I don't track your retirement, sorry.
Actually, there is no such thing as monthly copays in Medicare. The Medicare Advantage plans are primarily based on copays which are provider fees that are paid/billed at time of service.
The Advantage plans work similar to the ACA plans. Some plans have zero monthly premiums. And some might have premiums up to $100+ a month. Their copays can add up - up to a specified limit of maybe $6000+ a year. Thats in addition to the $104 monthly payment to Medicare. Not cheap. Their real advantage (no pun) is that most people in these plans are in relatively good health and their copays are likely less than $1000 a year.
BTW, these are individual plans, not family coverage.
Actually, there is no such thing as monthly copays in Medicare. The Medicare Advantage plans are primarily based on copays which are provider fees that are paid/billed at time of service.
The Advantage plans work similar to the ACA plans. Some plans have zero monthly premiums. And some might have premiums up to $100+ a month. Their copays can add up - up to a specified limit of maybe $6000+ a year. Thats in addition to the $104 monthly payment to Medicare. Not cheap. Their real advantage (no pun) is that most people in these plans are in relatively good health and their copays are likely less than $1000 a year.
BTW, these are individual plans, not family coverage.
Doesn't matter, looks like Republicans are working on privatizing anyway. Medicare could be very different by the time you do retire:
House Republicans released a 2016 spending blueprint Tuesday that fulfills the GOP goal of balancing the budget within 10 years, but only by slashing Medicare and other safety net programs, while dramatically boosting military spending.
The annual budget, at $3.8 trillion this year, revisits the GOP's past ideas for shrinking government -- including its signature proposal for overhauling Medicare with a voucher-like private insurance option.
It would be interesting to see a 75 year old shopping for health coverage on the open market. Remember with Republicans wanted to voucherize Medicare? I was against it because I worried for the elderly. But the elderly are worried about you, only themselves. So let's end it, voucherize it, do whatever it takes to put everyone on an even playing field. If socialism is bad, it's bad for everyone.
I helps to consider the fact that we all hope to one day be a senior. And thus receive Medicare benefits. This is the great equalizer. In a similar vein, as we age our minds take a natural dive. Seniors tend to forget that they were once younger and healthy, cheap and easy to maintain.
The Pubs as noted above are again going to push for vouchers, which will only assist them in their popularity slide...
I helps to consider the fact that we all hope to one day be a senior. And thus receive Medicare benefits. This is the great equalizer. In a similar vein, as we age our minds take a natural dive. Seniors tend to forget that they were once younger and healthy, cheap and easy to maintain.
The Pubs as noted above are again going to push for vouchers, which will only assist them in their popularity slide...
I'm a Democrat but I will vote for whatever reduces Medicare. So in this instance they've gained a vote.
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Medicare could be very different by the time you do retire: