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Medicare to base fees on income
http://www.miami.com/mld/miamiherald/15478076.htm ^

Posted on 09/09/2006 6:10:49 PM PDT by lauriehelds

After 41 years of charging most older Americans the same price for the same care, Medicare will require affluent seniors to pay higher monthly premiums for coverage of doctors' visits, diagnostic tests and outpatient hospital care beginning in 2007.

A little-known provision of the 2003 Medicare Modernization Act calls for an estimated 1.5 million seniors to face higher premiums, from 10 to 55 percent over the next three years, if they have income of at least $80,000 a year, or $160,000 for married couples. Seniors taking in more than $200,000 and couples making more than $400,000 will see their so-called Part B premiums rise the most.

The move, designed to help shore up Medicare's shaky finances, has enraged many because it was adopted without public debate. A Republican-led conference committee added the measure to the Medicare bill even though neither the House of Representatives nor the Senate version contained it.

Medicare, the national health plan for the elderly and people with disabilities, faces an uncertain future because of rising healthcare costs, a growing number of beneficiaries who utilize more services and a dwindling tax base to support the program.

The premium increases are expected to boost revenue by about $7.7 billion from 2007 to 2011, and $20.8 billion from 2007 to 2016.

(Excerpt) Read more at miami.com ...


TOPICS: Business/Economy; Culture/Society; Government
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To: T.L.Sink

I guess the millionaire in Palm Beach could also ask, why should I even bother paying into this mandatory system, when I can pay for my own health care!


21 posted on 09/09/2006 6:51:11 PM PDT by bordergal (John)
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To: T.L.Sink

I see you are the AM's "fair haired troll" for the week.

They let anti-American folk like you stay so we don't become too much of an echo chamber.

Always interesting to have Liberal Socialists to smack around.


22 posted on 09/09/2006 6:51:14 PM PDT by freedumb2003 (the war on poverty should include health club memberships for the morbidly poor)
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To: freedumb2003

"Medicare to base fees on income"

Here comes the Bush raised taxes crowd.


23 posted on 09/09/2006 6:52:06 PM PDT by EQAndyBuzz (Mediacrat - A leftwing editorialist who pretends to be an objective journalist.)
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To: mikeybaby
A more realistic assumption of GDP growth of 4% extends the SS program to 2060.

Too many assumptions to make thay figure. And even then, it will be such a tiny payout that it might pay for 2 day's worth of gas for your car a month.

No one in their right mind expects for it to be around more than 5-10 years. And Medicare will go sooner.

24 posted on 09/09/2006 6:53:20 PM PDT by freedumb2003 (the war on poverty should include health club memberships for the morbidly poor)
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To: lauriehelds

What about equal protection under the law? The costs should be equal for everybody.


25 posted on 09/09/2006 6:54:51 PM PDT by Tax Government (Defeat Islamic imperialists and their democRAT cheerleaders)
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To: NittanyLion

No, I'm a conservative but I'm facing reality - as is George Bush who also wants to reform entitlements and make them more competitive and effective.

If you're wasting your time fighting yesterday's battle that in 1935 FDR was wrong to establish SS -- have fun on the lunatic fringe!


26 posted on 09/09/2006 6:56:20 PM PDT by T.L.Sink
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To: T.L.Sink
No, I'm a conservative but I'm facing reality - as is George Bush who also wants to reform entitlements and make them more competitive and effective.

First, it simply isn't conservative to state that wealth transfer is a desirable state. You might be "Republican", but if you believe in means testing you are most certainly not conservative. WRT effectiveness, you're wrong yet again. This particular program may last longer, but when the overall economic impact is measured policies such as the one you support will only damage society. It is most decidedly not "effective" in any sense of the word.

If you're wasting your time fighting yesterday's battle that in 1935 FDR was wrong to establish SS -- have fun on the lunatic fringe!

Could you point me to where I stated that I'm fighting that battle? If not, I'd point out that setting up a strawman argument will only discredit your position.

27 posted on 09/09/2006 7:01:55 PM PDT by NittanyLion
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To: lauriehelds

Punishment for those who dare to try to succeed.


28 posted on 09/09/2006 7:02:21 PM PDT by freedumb2003 (the war on poverty should include health club memberships for the morbidly poor)
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To: freedumb2003

In broad terms, I agree.
I personally am not depending on SS, and I'm 48.
Sigh.


29 posted on 09/09/2006 7:03:31 PM PDT by mikeybaby (long time lurker)
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To: NittanyLion

There is no point in trying to argue with a Loonie Lefty.

The moonbats can't really "argue" anything.


30 posted on 09/09/2006 7:04:02 PM PDT by freedumb2003 (the war on poverty should include health club memberships for the morbidly poor)
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To: freedumb2003

I agree with much of what you say. Bush is bringing us economic and social chaos and endangering national security by failing to enforce our border.

I don't like the biggest entitlement since LBJ that Bush brought us.

But the fact is that in American social and political life Social Security is valued by the overwhelming majority of Americans -- they may be wtong but that's political reality.


31 posted on 09/09/2006 7:05:36 PM PDT by T.L.Sink
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To: mikeybaby
I personally am not depending on SS, and I'm 48.

Smart planning -- I am the same age and have been busting my hump for 30 years (actually, 35 years since my work as a teen was also taxed and SSI'd).

SSI is just a tax to subsidize sloth.

32 posted on 09/09/2006 7:06:08 PM PDT by freedumb2003 (the war on poverty should include health club memberships for the morbidly poor)
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To: T.L.Sink
But the fact is that in American social and political life Social Security is valued by the overwhelming majority of Americans -- they may be wtong but that's political reality.

We had a chance to make it self-sufficient but chose not to. Better to let it die than to make it unfair.

33 posted on 09/09/2006 7:07:09 PM PDT by freedumb2003 (the war on poverty should include health club memberships for the morbidly poor)
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To: mikeybaby
I don't think Bill Gates, Warren Buffet,or Ted Kennedy should receive Social Security.

Did they make contributions to Social Security? If so, for what reason would you deny them the meager return on their mandatory "investment"?

34 posted on 09/09/2006 7:10:25 PM PDT by NittanyLion
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To: upchuck

Does this mean I can deduct the extra money I pay from my income taxes as a 'charitable donation'?


35 posted on 09/09/2006 7:15:26 PM PDT by hardworking (Comrades Clinton - protecting you from information they have not approved.)
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To: freedumb2003

I think we may agree on that point which is the one I've been trying very hard to make amidst the shouting.

Bush wants to introduce personal private investments into the Social Security Trust - I think the general principle of making these programs more competitive and efficient is very good.

If I'm not mistaken you'd agree.


36 posted on 09/09/2006 7:15:30 PM PDT by T.L.Sink
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To: john drake

I totally agree with you. Reminds me of a couple I know who not only are broke but their health (overweight, diabetes, etc) has been in the tank for their entire adult lives. They have already cost 'the system' hundreds of thousands of dollars. Every time I see them I say to myself, "I am one of those who is supporting these folks". Disgusting.


37 posted on 09/09/2006 7:17:54 PM PDT by hardworking (Comrades Clinton - protecting you from information they have not approved.)
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To: T.L.Sink
If I'm not mistaken you'd agree.

You're mistaken, but I apologize for my tone -- I see red when people say I should be penalized for working hard.

Like I said -- these are going to die of their own weight. They HAVE to. Better for them to die sooner than later.

But in NO circumstance should there be "means testing" of any kind. You paid in, you get out.

If anything, there should be REVERSE means testing -- the more you paid in, the more you get out.

38 posted on 09/09/2006 7:18:54 PM PDT by freedumb2003 (the war on poverty should include health club memberships for the morbidly poor)
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To: lauriehelds

Interesting that a cabal of cretinous traitor Republicans did this in 2003 and managed to keep it secret until now.

Thanks, guys.


39 posted on 09/09/2006 7:19:41 PM PDT by Cicero (Marcus Tullius)
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To: freedumb2003
No one in their right mind expects for it to be around more than 5-10 years. And Medicare will go sooner.

Actually the situation is this:

Right now SS is taking more in than paying out. It peaked this year and will decline until 2018 when the amount going in equals the amount going out. At that point, they expect the Government to pay it back all the money it stole from SS which will get them to 2040.

The problem is that they will never have the money to pay back the system. In addition, they will not have the 130 billion a year they are currently stealing from it. The train wreck started this year and in 2018 it gets more severe.

There are currently 38 million on SS and 75 million baby boomers retiring in the next twenty years and it is not going to be pretty.
40 posted on 09/09/2006 7:22:26 PM PDT by microgood
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