Originally Posted by patteeu
They're coming for it, friend. They're convinced they've got better ideas about how that money should be spent.
Yeah, the timing really sucks for some of us that have had a plan in place for a long time.
Originally Posted by FD
Sorry if it wasn't clear. Individuals who turned 65 in 2010 will on average receive 3-4 times more in Medicare benefits than they ever paid in.
These programs are completely unsustainable at the current level of generous benefits and spending needs to be cut, whether you like it or not.
You didn't specify Medicare before, or I misunderstood your post, because when it comes to SS, the previous generations reaped more than they sewed. But we boomers will get less on average than we paid in. Baby boomers getting ****ed again
The real problem with Medicare IMO, is what the Drs. and Hospitals are charging, plus the average longer life span. When I graduated HS, it was 71 for a man.
The Drs. and Hospitals are raping the system, both private and Medicare. They charged me $5,000.00 for a nuclear stress last month, and also 5k for some dehydration tests in June.
By my calculations, I have paid into Medicare $217,000.00. Even if the plan were left alone, I doubt I would ever see close to that amount of service. I would call it a mandentory Government Insurance program, not ****ing welfare!