The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early Liberal Edition


Subject:  Re: can't afford health care? ditch cable! Date:  8/20/2011  12:46 PM
Author:  telegraph Number:  36288 of 73669

I got news for you.

Obama care isn't going to be free.

Most of Europeans pay 7.5% in 'social taxes' on their paycheck. So figure that much disappears. Then they have a 20% VAT on everything they buy. THink of your next car costing 20% more. Someone has to pay for all the folks who get subsidies.

If you are working, you'll not only pay your own, but someone else's. Double.

I was paying $370/month for $2000 deductible with 30% co-pay up to 5K a year at age 64. Now on Medicare...and is over $300/month between what SS takes (I have to pay the higher rate), and for the supplement each month. Oh, and you pay for your drug plan, too!....of course, now it is $10 cop pays or similar........