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dkf

(37,305 posts)

18. The amount you pay for your medicare premium is 25% of the cost.

Reply to shraby (Reply #17)

Sun Feb 17, 2013, 09:01 PM

Feb 2013

Last edited Sun Feb 17, 2013, 10:00 PM - Edit history (1)

So multiply your payment by 3 and that's how much is being paid by the taxpayer.

On edit...no need to calculate your co pay in the Govt's expense.

Yes your costs suck, but the government pays several times what you pay.

And yes your portion of Medicare represents other people's bills too. It's the per person cost of the pool.

All I'm saying is its unrealistic to think this will be untouched when everything else gets cut and health costs rise faster than CPI.

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20 replies

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Highlight:

Doubling down on theft of benefits from seniors.... [View all] catnhatnh Feb 2013 OP

So if the trust fund runs out 5 years earlier and benefits drop 25% then no one gets robbed? dkf Feb 2013 #1

What a Shock! catnhatnh Feb 2013 #2

CPI wasn't even in the original SS. Stolen indeed. dkf Feb 2013 #3

Here's a novel idea....... socialist_n_TN Feb 2013 #6

Well you are a socialist... dkf Feb 2013 #7

The so-called trust fund was created to be expended. It was supposed to account for the baby boomers Egalitarian Thug Feb 2013 #9

The idea is to insure seniors get their earned benefits AND cost of living adjustments TheProgressive Feb 2013 #10

Agreed, just remove the cap. Nt newfie11 Feb 2013 #12

We could just decide to fund the benefit shortfall from the general fund also. Sirveri Feb 2013 #19

Seniors have become the new scapegoats. It's disturbing yet throws into sharp relief how forestpath Feb 2013 #4

When Greece ran out of money they didn't blame it on seniors, they just cut their pensions. dkf Feb 2013 #5

And it costs us 4 thousand dollars per year to pay for that 20% that isn't covered by shraby Feb 2013 #13

That is a $14,000+ gift from the American income tax payer to you every year (47% don't pay) dkf Feb 2013 #14

How do you figure it's a $14,000 gift? Our meds and hospital costs haven't shraby Feb 2013 #17

The amount you pay for your medicare premium is 25% of the cost. dkf Feb 2013 #18

The instant the CPI was adjusted to adjust for "volatility".. we were screwed.. . annabanana Feb 2013 #8

They only started using CPI for SS in 1975. dkf Feb 2013 #15

Congress repeatedly raised benefits however. In 1950, by 77%. In 1952 by 12.5%. HiPointDem Feb 2013 #20

The solution few dare mention. Egalitarian Thug Feb 2013 #11

Because crooks go where the money is SoCalDem Feb 2013 #16