I said somewhere else, on another thread somewhere on SS/Medicare, that all my assertions did NOT apply to Medicare. IE...even though I paid 1.3% os thereabouts (WITH an employer match which I always must point out as people forget this) all the years, unlike my payments of 6.2% (WITH the employer match)for SS which should be enough for what I withdraw...in the case of Medicare I’m quite sure that what those on it today will probably pull out will be waaaay more than they paid in, even considering an employer match. This is mostly because of a longer life span but the cost of health care, as we all know, has skyrocketed.
Medicare, in other words, is a problem.
I’m with you. Give all Medicare recipients a voucher and let the free market take over. I’m willing to bet the free market would get health care costs down, yeah even for the elderly.
Not that any common sense solution will happen, damn we can’t even count on the Republicans to make it happen.
Yep, if I had to guess I’d say my parents have received much more than 10x what they put in to Medicare for their healthcare costs. And I wouldn’t want them to have any less coverage. But it took my moving to a state where most plans have you seeing what gets billed to the insurance company to realize just how totally out of control the costs are. The whole medical system needs free market reforms. (The opposite, of course, of Obamacare or Romneycare or Danielscare, etc.)