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they are already paying for it through payroll deductions, currently its for them to benefit when they retire or become disabledok, now, are you going to charge the people currently paying for it again to use it?
and if you are going to charge them again for it, and the current level is barely enough to cover just seniors and the disabled, how will it be able to pay for the services of all these new people?
What do you mean 'charge them again'?
if they start to draw on it now, there wont be enough funds for it to be sustainablethey are already paying for it through payroll deductions, currently its for them to benefit when they retire or become disabledWhat do you mean 'charge them again'?
And?
[/FONT][FONT=Arial, Helvetica, sans-serif]Because Medicare funds rely on employee payroll taxes to pay for recipient services, the ratio of those employed to those drawing on Medicare benefits is crucial to maintaining future solvency. Currently, there are 3.7 workers for every person receiving Medicare benefits. HI Fund trustees calculate that there will be 2.4 workers for every retiree in 2030 and only 2 workers per retiree in 2075; each individual employee will be responsible for a far greater share in supporting each recipient.
You are aware that Medicare is paid for by the subsequent generations behind/younger than the people that receive it don't you? Or not? Because your children and grandchildren and great grandchildren ARE already paying for your Medicare. That's how it works, if you didn't know already, which it seems you didn't based on your above statement. So the subsequent generations want to pay for you and have a program where they pay for themselves......they want to buy in on the system with a public option. How can you argue with that?
Additionally, what if I don't want to enrich the private sector but instead wish to pool my money with other citizens and put it into the government program? Why can't I have that choice? I'm already supporting the Medicare pool, why can't we have a program for "underage" people????
because you could never contribute enough(unless you pay the same thing you would pay to a private insurer in the first place) to keep it sustainedhere is what I posted yesterday:
You are aware that Medicare is paid for by the subsequent generations behind/younger than the people that receive it don't you? Or not? Because your children and grandchildren and great grandchildren ARE already paying for your Medicare. That's how it works, if you didn't know already, which it seems you didn't based on your above statement. So the subsequent generations want to pay for you and have a program where they pay for themselves......they want to buy in on the system with a public option. How can you argue with that?
Additionally, what if I don't want to enrich the private sector but instead wish to pool my money with other citizens and put it into the government program? Why can't I have that choice? I'm already supporting the Medicare pool, why can't we have a program for "underage" people????
http://www.usmessageboard.com/healt...care/85537-the-ugly-truth-of-obamacare-2.html
the people that decide what is and what isnt covered are generally working for some private co-insurerWhat overhead? Medicare has no overhead, the providers have overhead. The VA has overhead because they are a totally closed government system.
the people that decide what is and what isnt covered are generally working for some private co-insurerWhat overhead? Medicare has no overhead, the providers have overhead. The VA has overhead because they are a totally closed government system.
maybe i didnt word it rightthe people that decide what is and what isnt covered are generally working for some private co-insurerWhat overhead? Medicare has no overhead, the providers have overhead. The VA has overhead because they are a totally closed government system.
What?
ok have to hit submit, cuz my computer's freezing and if I lose this post my head will explode.
maybe i didnt word it rightthe people that decide what is and what isnt covered are generally working for some private co-insurer
What?
but the private companies doing the medicare suplimental coverage are usually the ones that say what is and isnt covered
i admit i might have worded it wrongmaybe i didnt word it rightWhat?
but the private companies doing the medicare suplimental coverage are usually the ones that say what is and isnt covered
That has nothing to do with overhead. Overhead is the cost of doing business, like salaries, insurance, heat, electricity, phones, a building, equipment.........yada yada.....
In government this is called "Administrative costs" because the government is not concerned with making a profit, they tax. The VA has the full boat, Medicare has paperwork and employees.
Private insurers don't dictate to Medicare what it can cover, they either cover the co-pay or they don't.
i admit i might have worded it wrongmaybe i didnt word it right
but the private companies doing the medicare suplimental coverage are usually the ones that say what is and isnt covered
That has nothing to do with overhead. Overhead is the cost of doing business, like salaries, insurance, heat, electricity, phones, a building, equipment.........yada yada.....
In government this is called "Administrative costs" because the government is not concerned with making a profit, they tax. The VA has the full boat, Medicare has paperwork and employees.
Private insurers don't dictate to Medicare what it can cover, they either cover the co-pay or they don't.
yes, medicare says what it does and doesnt cover
in a database that the private insurers have access to
the medical people will contact the co-insurer first
that way, they not only get what medicare covers, but also what the co-insurance covers
its part of the costs that are covered by the private sector
Mad Math Skillz, The Sequel
Ok.
Let's toss those 45 million souls onto medicare just for shits and giggles.
According to the premium link, 5% of people pay into the higher surcharge premiums for part B. Income-related premiums range from $134.90 to $308.30. So let's split the difference. $221.60.
So 2,250,000 will pay $498,600,000 into part B. The remaining 42,750,000 will dump an additional $4,121,100,000, for a total of $4,619,700,000.
Now my head hurts. I hope you're satisfied.
nopeMad Math Skillz, The Sequel
Ok.
Let's toss those 45 million souls onto medicare just for shits and giggles.
According to the premium link, 5% of people pay into the higher surcharge premiums for part B. Income-related premiums range from $134.90 to $308.30. So let's split the difference. $221.60.
So 2,250,000 will pay $498,600,000 into part B. The remaining 42,750,000 will dump an additional $4,121,100,000, for a total of $4,619,700,000.
Now my head hurts. I hope you're satisfied.
You might be surprised just how precarious the precipice is we're teetering on.
Not really. You survived (and I use the term lightly considering the state he left the country in) Bush for 8 years. You'll survive Obama for 8...probably be better off than when he started....