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Yo_Mama

(8,303 posts)
31. But the reality is that it is a huge taxpayer subsidy to the well-off, still
Thu Feb 21, 2013, 02:01 PM
Feb 2013

About 75% of the Part B premium is paid by the General Fund. If the early retirees were going to pay $350 -$400 monthly, then the subsidy would be much smaller. But that takes the monthly cost to $441 (part A premium) + $370 (part B premium, unsubsidized) + Part D (prescription drug benefit, mostly unsubsidized). That's at least $860 a month per person, or about $1,700 a month per couple, without Medigap. That's some part-time job. Again, this is only doable for those who are already wealthy.

There is another hidden subsidy - Medicare pays much less than private rates for a lot of services, which is why many doctors don't take new Medicare patients or limit the number they take.

Medicare is not really more efficient than private insurance - it is just cost-controlled. The balance of the costs is shifted to other consumers and to private insurance.

It is not right to ask some $30,000 a year earner to pay these costs for older, better off would-be retirees, and if you actually get the would-be retirees to pay the costs, only the pretty wealthy could retire. I can think of no public benefit that would result from this.

Precisely Sherman A1 Feb 2013 #1
excellent idea. robinlynne Feb 2013 #2
Uh, you don't read so good. Warpy Feb 2013 #3
"Seriously no one says it on tv or radio." annabanana Feb 2013 #6
Not to mention, it was floated in 2009 as part of the ACA karynnj Feb 2013 #7
Joe Lieberman is Satan's helper SHRED Feb 2013 #12
True. avaistheone1 Feb 2013 #35
I'm talking about right now BigD_95 Feb 2013 #17
I tried to listen to "morning Joe". timdog44 Feb 2013 #22
Except that it didn't need 60 votes. eomer Feb 2013 #23
There were 2 FINAL bills - the main bill passed with 60 votes by the Senate and a smaller bill that karynnj Feb 2013 #28
The second (final) bill was a reconciliation bill. A public option could have been added to it. eomer Feb 2013 #30
Shhhh! bvar22 Feb 2013 #32
I know there was that push - and there were some Senators, who supported the karynnj Feb 2013 #34
The precedents are for, not against, something this large through reconciliation. eomer Feb 2013 #37
It was the passing of the Bush tax cuts in 2001 and 2003 that led to the Byrd rule karynnj Feb 2013 #38
Not true, the Byrd Rule originated in 1985, was amended in 1990. eomer Feb 2013 #39
Because the "Serious People" don't think that way n2doc Feb 2013 #4
You read my mind. Curmudgeoness Feb 2013 #8
Correct. timdog44 Feb 2013 #15
I work around 4 people BigD_95 Feb 2013 #20
My husband retired early marlakay Feb 2013 #29
I am still disappointed Curmudgeoness Feb 2013 #36
dems party leadership (hah!) is promoting the republican austerity agenda instead of coming up msongs Feb 2013 #5
Has anyone done the calculations? andym Feb 2013 #9
I may be wrong, but i think I have heard Bernie Sanders bring it up rurallib Feb 2013 #10
How would the premiums be paid? PPL are not receiving SS at age 55. CarmanK Feb 2013 #11
The same way premiums are paid for Medicare now. subterranean Feb 2013 #13
Preventative care is CHEAPER than catastrophic care as well. AtheistCrusader Feb 2013 #14
Because there are no Dems in power anymore. Just republicans calling themselves Dems Egalitarian Thug Feb 2013 #16
Are you allowed to say that? AnotherMcIntosh Feb 2013 #21
Because it's elitist, undemocratic, a subsidy to the winners from the losers Yo_Mama Feb 2013 #18
A couple of things your not thinking about BigD_95 Feb 2013 #24
But the reality is that it is a huge taxpayer subsidy to the well-off, still Yo_Mama Feb 2013 #31
That's 10 years of not being able to defer income through my HSA you are talking about RB TexLa Feb 2013 #19
Du rec. Nt xchrom Feb 2013 #25
because most are being paid by the insurance companies still_one Feb 2013 #26
K&R woo me with science Feb 2013 #27
You have to look WAAAAAAY out on the Fringe Left Wing... bvar22 Feb 2013 #33
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