Repealing Obamacare

Dr. Evil wrote:

Gomezz Adddams wrote:

Dr. Evil wrote:

Gomezz Adddams wrote:

Dr. Evil wrote:You're needlessly over-analysing  this to muddy the water. But that's what you do, so it's no surprise. Medicare is already solvent as it is. That is unless the PGiC* sticks his nose into it. So there would be no need for additional money to go toward what is already being offered. You would continue to pay your FICA taxes along with your individual insurance premium, should you choose to take part.

Nope. Not at all. The Medicare "trust fund" exhausts all it's reserves by 2028 (that's according to Medicare trustees) and that is just by servicing retirees 65 and over for Medicare Part A (hospitalization). Medicare is a pay-as-you-go program which is what the FICA taxes are for. Very soon (if we haven't already) we will start to tap the Medicare Trust to pay for ongoing expenses because tax revenues will not be enough to pay for current expenses. 2028 is when the trust goes bust. 11 years sucka, 11 years.

So in your universe with your Medicare Plus, you and all workers will not only have to pay for the 55M+ retirees on Medicare but your own Medicare Part A. Add in Medicare B and Medicare D premiums and you'll have the same situation that you have with Obamacarecrap .... a death spiral caused by sick poor people being the only enrollees. Good luck with that sucka!

http://www.cbpp.org/research/health/medicare-is-not-bankrupt

To project things more than ten years out is what's called a fools errand.

From your link:

The 2016 report of Medicare’s trustees finds that Medicare’s Hospital Insurance (HI) trust fund will remain solvent — that is, able to pay 100 percent of the costs of the hospital insurance coverage that Medicare provides — through 2028.

Like I said Fcukstik. And that's for only retiree's 65+ and not any of the millions more you want to add to the mix. Reading comprehension. Work on it.

The lack of comprehension is all yours as usual. I don't think that this fund does what you think it does. Let's not let the tail wag the dog here. This fund is simply there to provide a buffer to smooth out the overages and shortfalls of an essentially solvent program. Do some minor changes need to be made to change the trajectory? Sure they do. No surprises there. Costs are continually rising while wages, or taxable income,  remaining stagnant. Baby boomers are just getting ready to hit the system at a much higher rate than what they payed in. I wonder if this assessment has accounted for the very recent push for higher wages? Having more people make a living wage would certainly help replenish the fund. It's not as broke as you'd like it to be. Sorry for the inconvenience.

Shortie's Ex wrote:BTW thank you Gomezz for engaging in dialogue in this thread.  Regardless that Mr Jammer denigrates you, your dialogue is noted and appreciated.

Shortie's Ex wrote:BTW thank you Gomezz for engaging in dialogue in this thread.  Regardless that Mr Jammer denigrates you, your dialogue is noted and appreciated.

Shortie's Ex wrote:Mr Jammer competes for title of Most Lame Internet Meme Posted to JSI      

That is a chain e-mail quality meme right there.    

Thanks for the substantive contribution to the thread [ NOT ].

Gomezz Adddams wrote:

Dr. Evil wrote:

Gomezz Adddams wrote:

Dr. Evil wrote:

Gomezz Adddams wrote:

Dr. Evil wrote:You're needlessly over-analysing  this to muddy the water. But that's what you do, so it's no surprise. Medicare is already solvent as it is. That is unless the PGiC* sticks his nose into it. So there would be no need for additional money to go toward what is already being offered. You would continue to pay your FICA taxes along with your individual insurance premium, should you choose to take part.

Nope. Not at all. The Medicare "trust fund" exhausts all it's reserves by 2028 (that's according to Medicare trustees) and that is just by servicing retirees 65 and over for Medicare Part A (hospitalization). Medicare is a pay-as-you-go program which is what the FICA taxes are for. Very soon (if we haven't already) we will start to tap the Medicare Trust to pay for ongoing expenses because tax revenues will not be enough to pay for current expenses. 2028 is when the trust goes bust. 11 years sucka, 11 years.

So in your universe with your Medicare Plus, you and all workers will not only have to pay for the 55M+ retirees on Medicare but your own Medicare Part A. Add in Medicare B and Medicare D premiums and you'll have the same situation that you have with Obamacarecrap .... a death spiral caused by sick poor people being the only enrollees. Good luck with that sucka!

http://www.cbpp.org/research/health/medicare-is-not-bankrupt

To project things more than ten years out is what's called a fools errand.

From your link:

The 2016 report of Medicare’s trustees finds that Medicare’s Hospital Insurance (HI) trust fund will remain solvent — that is, able to pay 100 percent of the costs of the hospital insurance coverage that Medicare provides — through 2028.

Like I said Fcukstik. And that's for only retiree's 65+ and not any of the millions more you want to add to the mix. Reading comprehension. Work on it.

The lack of comprehension is all yours as usual. I don't think that this fund does what you think it does. Let's not let the tail wag the dog here. This fund is simply there to provide a buffer to smooth out the overages and shortfalls of an essentially solvent program. Do some minor changes need to be made to change the trajectory? Sure they do. No surprises there. Costs are continually rising while wages, or taxable income,  remaining stagnant. Baby boomers are just getting ready to hit the system at a much higher rate than what they payed in. I wonder if this assessment has accounted for the very recent push for higher wages? Having more people make a living wage would certainly help replenish the fund. It's not as broke as you'd like it to be. Sorry for the inconvenience.

WTF are you talking about? The Medicare Trust is not "simply there to provide a buffer to smooth out the overages and shortfalls of an essentially solvent program". It exists to hold in reserve the payroll taxes that weren't spent to pay current retiree benefits. In fact, just like with the Social Security Trust, there really are no dollars in the trust, only special government bonds (IOUs/government debt) since all excess revenues were already spent in the general budget.

WTF!?!

Sabotaging of government programs is a whole different conversation.

A depletion of the funds in the Medicare Trust means that in 2028 there will only be enough payroll taxes collected to cover 87% of benefits of retirees and only 79% of benefits by 2043. Yet you are proposing allowing non-retirees to buy into Medicare which will increase the number of beneficiaries of a program that is rapidly taking on water. Great thinking there Einstein!

Jammer wrote:

Shortie's Ex wrote:Mr Jammer competes for title of Most Lame Internet Meme Posted to JSI      

That is a chain e-mail quality meme right there.    

Thanks for the substantive contribution to the thread [ NOT ].

When they put YOUR picture on that truck, it is going to need a much bigger hose.

Shortie's Ex wrote:

Jammer wrote:

Shortie's Ex wrote:Mr Jammer competes for title of Most Lame Internet Meme Posted to JSI      

That is a chain e-mail quality meme right there.    

Thanks for the substantive contribution to the thread [ NOT ].

When they put YOUR picture on that truck, it is going to need a much bigger hose.

Some people add humor to this internet forum with these vacuous memes.  Skeptical is kinda' funny in a strange cutely way with some the memes which he posts.

You on the other hand bring nothing.  Absolutely nothing to this forum. Step up.  Or move on.

Dr. Evil wrote:Paul Ryan also floated his plan for a high risk insurance pool last night on CNN. Here's a couple good articles about that.

http://www.latimes.com/business/hiltzik/la-fi-hiltzik-high-risk-pools-20160428-snap-htmlstory.html

http://www.npr.org/sections/health-shots/2016/11/21/502612264/if-republicans-repeal-obamacare-ryan-has-replacement-blueprint

Darth Cheney wrote:I thank God the bill died.

Every Socialist, Communist, and Dictator type government begins by passing legislation to take "care" of the people so the sheeple eagerly vote them in. Once you control who lives or dies, as in healthcare, you control the people. The feral government has no business being involved in healthcare or insurance. Obamacare should be repealed and we return to a free market system with fewer government oversight and greater insurance availability. That is the solution. If you are impressed with the VA care or IHS then government is the way to go.

Dr. Evil wrote:

Darth Cheney wrote:I thank God the bill died.

Every Socialist, Communist, and Dictator type government begins by passing legislation to take "care" of the people so the sheeple eagerly vote them in. Once you control who lives or dies, as in healthcare, you control the people. The feral government has no business being involved in healthcare or insurance. Obamacare should be repealed and we return to a free market system with fewer government oversight and greater insurance availability. That is the solution. If you are impressed with the VA care or IHS then government is the way to go.

At least you're being honest...

Jammer wrote:

Dr. Evil wrote:

Darth Cheney wrote:I thank God the bill died.

Every Socialist, Communist, and Dictator type government begins by passing legislation to take "care" of the people so the sheeple eagerly vote them in. Once you control who lives or dies, as in healthcare, you control the people. The feral government has no business being involved in healthcare or insurance. Obamacare should be repealed and we return to a free market system with fewer government oversight and greater insurance availability. That is the solution. If you are impressed with the VA care or IHS then government is the way to go.

At least you're being honest...

As well as:

CORRECT
FISCALLY RESPONSIBLE
MORALLY ETHICAL  

Dr. Evil wrote:

Jammer wrote:

Dr. Evil wrote:

Darth Cheney wrote:I thank God the bill died.

Every Socialist, Communist, and Dictator type government begins by passing legislation to take "care" of the people so the sheeple eagerly vote them in. Once you control who lives or dies, as in healthcare, you control the people. The feral government has no business being involved in healthcare or insurance. Obamacare should be repealed and we return to a free market system with fewer government oversight and greater insurance availability. That is the solution. If you are impressed with the VA care or IHS then government is the way to go.

At least you're being honest...

As well as:

CORRECT
FISCALLY RESPONSIBLE
MORALLY ETHICAL  

I'm going to stick with honest.