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.
Typical Medicare enrollees get 2-3X in benefits out than the money they put in. So conventional private carriers won't want to insure them at 'reasonable' rates. The US Gov't creates money so when we are all old we all get reasonably priced HC coverage. As with me as of Jan 1. Thank you all!
God willing I will join you in a bit more than 7 years.
You are totally ignorant of how Medicare is financed and the unpaid liabilities. Medicare is currently less than 50 percent funded and you want to add everyone else to the list. Tell me how much I have to pay for Medicare. I won't hold my breath waiting for an answer.
Private insurance, until forced to do otherwise, insured people based on different health factors. There is no extra profit from insuring the healthy than the sick.
Medicare Advantage plans can be a better deal. Its obvious when you compare the ACA silver plans for participants age 60-64 to what the better Advantage plans offer for those 65+.
Private insurance, until forced to do otherwise, insured people based on different health factors. There is no extra profit from insuring the healthy than the sick.
WHat??????? So when people say Medicare is pricey they have a point.
OTOH, insuring the young is lucrative.
What do you recommend? Why not let medicare insure the young, make money and then use profit that to pay for the losing side of the equation. As of now the profit from health insurance goes to the top 0.01%.
Medicare Advantage plans can be a better deal. Its obvious when you compare the ACA silver plans for participants age 60-64 to what the better Advantage plans offer for those 65+.
I don't think there is a government plan that beats my premium of 150 a month for practically full coverage. Of course my corporation pays a lot more. I am not sure why liberals are so eager to tax the middle class for the benefit of multinational corporations such as the one I work for.
I don't think there is a government plan that beats my premium of 150 a month for practically full coverage. Of course my corporation pays a lot more. I am not sure why liberals are so eager to tax the middle class for the benefit of multinational corporations such as the one I work for.
There had never been the argument that Medicare is the best health insurance available. It isn't. But it is very good insurance in itself, I have never had a problem with it since being on it.
And your corporation subsidy does, of course, pay most of your health insurance premium.
WHat??????? So when people say Medicare is pricey they have a point.
OTOH, insuring the young is lucrative.
What do you recommend? Why not let medicare insure the young, make money and then use profit that to pay for the losing side of the equation. As of now the profit from health insurance goes to the top 0.01%.
Right now you start paying Medicare insurance when you get you first job. I will be able to start collecting Medicare benefits after about 47 years of paying Medicare taxes. Despite that 47 years of tax paying if I am typical I will collect 2 to 3 times what I paid in. Now tell me how Medicare will make money if they have to pay out to someone, say an 18 year old, who has not paid one red cent?
Right now you start paying Medicare insurance when you get you first job. I will be able to start collecting Medicare benefits after about 47 years of paying Medicare taxes. Despite that 47 years of tax paying if I am typical I will collect 2 to 3 times what I paid in. Now tell me how Medicare will make money if they have to pay out to someone, say an 18 year old, who has not paid one red cent?
A new 10% payroll tax should do it.
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.
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.
