No. of Recommendations: 50
MetalDecathlete writes,

Intercst, you'll be pleased to hear that Obama has turned my otherwise historically conservative leaning aunt into a liberal. She retired early at age 52 and had to pay, in her opinion, too high of a monthly premium from age 52 to 65. I'm not exactly sure who she blamed all those years but most certainly came to the conclusion that the federal government should come in and save her. lol

</snip>


Your aunt sounds like a smart lady. Most people don't have the arithmetic skills to figure out that it's better to let Medicare manage your health insurance at a 1.5% admin cost instead of a for-profit insurer with a 20% overhead.

The savings would be even greater if you let Medicare use its market power to negotiate prices.

intercst
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