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Thread: Medicare Oops

  1. #1
    Senior Member Gerry Clinchy's Avatar
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    Default Medicare Oops

    Don't know how we have missed this:

    the per person monthly Medicare insurance premium will be increased from the 2009 premium of $96.40 to $104.20 in 2010, $120.20 for the year 2011 AND Yearly increases to a wonderful $247.00 in 2014.

    Looks like about 250% increase in Medicare premium for a 5-year period. Makes it clearer why they can take $500 million from Medicare to put into Obamacare.

    For any who thought that the seniors were not going to be paying their fair share of all of this ...

    Keep in mind that on top of this basic premium which is automatically deducted from the SS benefit, there is also the need for supplemental coverage, and also scrip drug coverage.

    Presumably the benefits will not change; and the govt would like to pay the care providers less for the services provided. This should work out just dandy, don't you think? I'd say that the states who still have Medicaid by then should be taking a big hit with seniors who can't afford the supplemental coverages to their basic Medicare.
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  2. #2
    Senior Member BrianW's Avatar
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    Default

    And as long as they can call it a "premium", it's not a "tax".

    Bottom line is more money out of pocket. A turd, by any other name, would still stink.
    "It's not that government is inherently stupid, although that's a debatable question."
    Rand Paul CPAC speech 2011

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  3. #3
    Senior Member road kill's Avatar
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    Quote Originally Posted by Gerry Clinchy View Post
    Don't know how we have missed this:

    the per person monthly Medicare insurance premium will be increased from the 2009 premium of $96.40 to $104.20 in 2010, $120.20 for the year 2011 AND Yearly increases to a wonderful $247.00 in 2014.

    Looks like about 250% increase in Medicare premium for a 5-year period. Makes it clearer why they can take $500 million from Medicare to put into Obamacare.

    For any who thought that the seniors were not going to be paying their fair share of all of this ...

    Keep in mind that on top of this basic premium which is automatically deducted from the SS benefit, there is also the need for supplemental coverage, and also scrip drug coverage.

    Presumably the benefits will not change; and the govt would like to pay the care providers less for the services provided. This should work out just dandy, don't you think? I'd say that the states who still have Medicaid by then should be taking a big hit with seniors who can't afford the supplemental coverages to their basic Medicare.
    That will change if public employee union members have to start paying this!!!



    RK
    Stan b & Elvis

  4. #4
    Senior Member
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    Default

    Quote Originally Posted by Gerry Clinchy View Post
    Don't know how we have missed this:

    the per person monthly Medicare insurance premium will be increased from the 2009 premium of $96.40 to $104.20 in 2010, $120.20 for the year 2011 AND Yearly increases to a wonderful $247.00 in 2014.
    Medicare is being means tested! If I'm not mistaken this has been on the books for some time but only applies above certain income levels.
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