Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (37) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: ResNullius Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19380  
Subject: Re: Help! medicare costs more than regular insur Date: 7/1/2008 11:07 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
The amusing part is that since Medicare now taxes 100% of earned income, no matter how high, many of the people who will be charged extra will no doubt also be people who paid huge amounts of Medicare taxes already.</i.

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.
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

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Berkshire Hathaway

IBM: Is Buffett Wrong, or Brilliant?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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