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To: moovova
Actually, the oldest of the boomers are 68 now. When they retire, they go into Medicare. There, Part A is free, but most seniors pay $100/month for part B and they pay for the pharmaceutical program.

The bigger question is what happens when people with large, stable incomes leave the system for Medicare. They're mostly being replaced by a younger generation that has less stable job opportunities and lower incomes. The percentage of this younger generation that gets subsidized will be huge.

32 posted on 10/13/2013 7:53:44 AM PDT by grania
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To: grania

Thank you for the clarification. I thought the biggest group had yet to pass thru...kind of like a snake that swallows an egg and the “lump” is travelling thru.


35 posted on 10/13/2013 8:14:32 AM PDT by moovova
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