Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Pistolshot
Nine out of ten Medicare recipients have private, supplementary insurance to cover what Medicare doesn't.

By 2018, less than 10 years from now, Medicare Part A will be running a deficit of close to $100 billion. General revenue contributions for Medicare Parts B and D that year are now projected to be $364 billion. Consequently, the deficit for Medicare alone that year will be close to $500 billion, and that assumes a scheduled reduction, which Congress will surely reverse, in doctor and hospital reimbursements of more than 20 percent.

8 posted on 08/12/2009 6:06:38 AM PDT by kabar
[ Post Reply | Private Reply | To 1 | View Replies ]


To: kabar
Instead of finding ways for people to purchase more private insurance and take the burden off Govt- obama wants govt to take the whole program- and convince people it saves the govt money....!

Lots of seniors were born at night- but it wasn't last night.

12 posted on 08/12/2009 6:09:32 AM PDT by silverleaf (If you can't be a good example, at least don't be a horrible lesson)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson