More money for those of us that live! Woohoo!
JK.
None that I’m aware of.
Maybe that’s why they are withholding treatments until you need oxygen and are hospitalized.
That got buried because it questioned the narrative.
More money for imported democrats
As I understand it, annualized death rates for 2020 are very much in line with 2019, 2018, 2017, 2016.
I would not expect Social Security to be impacted in the slightest.
Only true if any of this was real. It’s not real, and it’s not happening. As you are well aware.
I think it’s only about 8 billion or so a year saved from all of the deaths.
These days, that’s an addendum to a bill.
No real change in total mortality, probably so far a wash
I would compare it to removing a gallon of water from an olympic sized swimming pool
I am not an analyst, but I play one on Free Republic
Put Cuomo in as nation wide mover of Covid patients into nursing homes. Social security payouts will plummet!
social security is backed up due to covid, lots of people 62 and above has lost jobs, and applied for benefit, like me, i finally will get mine this month.. after 5 months
Probably doesn’t matter. There aren’t any more people dying than a normal year. All the deaths are just labeled Covid so we will be scared. Its all BS!!!!!
Karl Denninger took a look at their numbers last week as proof that there’s no “excess deaths” this year. Sure enough, no discernable drop in benefit payments (and, yes, they apparently are hyper vigilant at stopping payments on death).
The folks that were dying were way down the list—they were not costing near as much (on a monthly basis) as those retiring now.
The REAL savings is going to come for Medicaid budgets. Imagine how many of the NY nursing home folks were state-pays. At $6,500 a month (minimum negotiated medicaid amount in MA is about that) for 6,900 seniors means the state is saving about $44 million a MONTH. Or Half a BILLION a year ($538 MM).
The overall death rate in the US has not changed during the pandemic. For some odd reason it is controversial to say this, but the now hidden Johns Hopkins research proved this to be true.
Based on that and the overall size of social security, I would guess that the overall impact is not even noticeable.
1 -- Even pre-china virus the main problem with the SS system was the disability portion, not the pension portion. So even if there are a lot of dying old people (believe it or not not all old people live in nursing homes of Dim states), that's a "help" to a part of the SS system that wasn't in much jeopardy anyway.
2 -- John Hopkins recently reported that overall deaths in 2020 aren't up anyway -- even with all the china virus hype making us think everybody's dying (just like the media likes us to think that everybody around us is a gay pro-abortion peaceful protestor burning down our towns).
The savings would be miniscule compared to the loss of payroll contributions, imo.
fewer people working means less money being paid into SS, thus insolvency date moves closer. May be what big government people want. People looking to the big Dem government for help? Insidious.
When you consider the simple FACT that the Death Rate has NOT gone up and realize all the deaths attributed to the ChiCom Flu were deducted from other causes like Heart Attack, Diabetes, Pnuemonia, Influenza, stroke,... and there is direct correlation demonstrating so, I would say IT DIDN’T CHANGE A THING
Why do you think Cuomo sent all of the sick to nursing homes?