Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (37) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: cliff666 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: Re: Help! medicare costs more than regular insur Date: 7/1/2008 6:01 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
ResNullis: Actually, based on what I've read over the past several years, it would seem a virtual certainty that Medicare will go under within the near future unless at least 50% of the folks who receive it pay close to full price for the coverage. Virtually everyone in the Middle Class will have to pay almost the same as they would have paid for private insurance in order to keep Medicare solvent for those below. As for the so-called wealthy, they will have to pay full freight plus a premium to help offset the loses. Unless Medicare can find a way to ration health care, then there is little or no hope for the future. For anyone to talk of national health insurance without first figuring out how to make Medicare solvent is just plain fantasy.

First, we have to define "Full Price". Full price for a healthy 65 YO may be quite different from a diabteic 85 YO. Agree?

There are those who would pay the freight IF THEY COULD GET ANY INSURANCE AT ALL! But they can't. The insurance companies are not eleemosynary instituions, and they don't want to insure sick people.

But Medicare won't "go under". Hide and watch.

cliff
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (37) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Falling Knives

Falling Pharma Prices
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement