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pauleckler says"Medicare is another great example of the way govt screws the middle class. Most retirees must buy costly Medicare supplemental insurance to the tune of $200/mo or so to be fully covered.Once again, your Medicare premium is diverted to cover the poor, so you must fund your own insurance.The coverage is said to be universal, but I think thats a lie."I think there a few errors in your statement. Medicare coverage is universal for all seasoned citizens that sign up. Part A is free. Part B costs $58/mo. The $58/mo covers aprox. 30% of cost. The balance is made up thru general tax revenue. Medicare originaly was intended to cover very needs. The program has balloned in scope far past orginal intentions.SS & healthcare(medicare & medicaid) currently makesd up 40% of annual federal budget. Senior population will double with baby boomers retiring.The number of workers paying taxes will reduce by 1/3. The medicare trust fund currently estimated to go bust by 2028.Where is the money to come from?A reality check is in order for future retired folks. There is going to be less coverage. Also that reduced coverage will cost more.
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