View Poll Results: How Long Have You Paid Into Medicare?

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  • Less than 10 Years

    2 10.53%
  • 10 - 20 Years

    0 0%
  • 20 - 30 Years

    0 0%
  • 30+ Years

    17 89.47%
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Thread: How Long Have You Paid Into Medicare?

  1. #21
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    Re: How Long Have You Paid Into Medicare?

    Quote Originally Posted by Bullseye View Post
    LOL, oh, okay, you're basing it on PROJECTIONS of what costs MIGHT HAVE BEEN. Not actual data. I suspected as much.
    No, bud, it's based on what's actually being spent. Projections are based on the payment updates that would've taken effect under pre-ACA law. In real life with the post-ACA updates, per capita spending growth fell. You want to repeal the ACA and pass out the money that would've been paid, you're going to blow up the budget and torpedo the program. Even Paul Ryan wasn't that stupid (his ACA repeals always carved out the Medicare reforms).

  2. #22
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    Re: How Long Have You Paid Into Medicare?

    Quote Originally Posted by Greenbeard View Post
    No, bud, it's based on what's actually being spent. Projections are based on the payment updates that would've taken effect under pre-ACA law. In real life with the post-ACA updates, per capita spending growth fell. You want to repeal the ACA and pass out the money that would've been paid, you're going to blow up the budget and torpedo the program. Even Paul Ryan wasn't that stupid (his ACA repeals always carved out the Medicare reforms).
    Projections are projections - predictions about what's going to happen in the future. The CBO data I've seen is that ACA is costing far more than projected.
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  3. #23
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    Re: How Long Have You Paid Into Medicare?

    Quote Originally Posted by Bullseye View Post
    Projections are projections - predictions about what's going to happen in the future. The CBO data I've seen is that ACA is costing far more than projected.
    You've absolutely seen no such data. What a joke.

    All such data is laid out in that thread. National health spending is trillions below expectations right now. ACA-specific new spending is hundreds of billions below the promised price tag. Health care cost growth has been near all-time lows for the better part of the last decade following the ACA's passage.

  4. #24
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    Re: How Long Have You Paid Into Medicare?

    Quote Originally Posted by Bullseye View Post
    Medicare came about in 1965.
    Great. And?
    Only interested in serious debate.

  5. #25
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    Re: How Long Have You Paid Into Medicare?

    Quote Originally Posted by Bullseye View Post
    Projections are projections - predictions about what's going to happen in the future. The CBO data I've seen is that ACA is costing far more than projected.

    Gonna try CPR because this thread is obviously stricken, unresponsive. The consumers of healthcare services in this country require nothing unique compared to every other ODC... Canada, UK, European Union,
    Japan. All of these other post industrial countries pay for healthcare costs through the synergy of total population experiecing the same risk exposure. In the U.S., insurance and baseball are the sole private enterprises exempted from antitrust regulation and investigation. This exemption has not changed since 1945. Medicare is unique in that it is a national pool, not a state risk pool as private insurance is.


    People in states literally at war with their own poor tend to have a less healthy risk pool, among many other challenges not burdening more pragamatic state governments and taxpayers.


    Private insurance cost purchased for employees or individually costs more in states with unhralthier than average total populations.


    2017 data by state, for year 2017 is here.: Health Insurance Coverage of the Total Population | The Henry J. Kaiser Family Foundation
    There is a beakdown of percentage of pop. covered by employers, by medicaid, by medicare, and percentage of unisured. About 47 percent of the total pop. are covered through employer provided plans.
    Medicaid insures about 20 percent, medicare about 14 percent, individually purchased insurance by about 9 percent, and in the states most determined to punish the poor, about 13 percent are uninsured.


    I do not know where you imagine you live, but I live here. I am of average means, I pay $134.00 per month for Medicare Advantage health insurance or "protectio".
    The company with the largest pool of people like me, United Hralthcare, collected in 2018, $75.5 billion from 9,500,000 individual Medicare eligible subscribers. This amounts to about $8,000 per enrollee.
    Do the math...most enrollees only pay $134 per month, $1608 per year....:
    UnitedHealth Group Reports 2018 Results Highlighted by Continued Strong and Diversified Growth | Business Wire
    UnitedHealth Group Reports 2018 Results Highlighted by Continued Strong and Diversified Growth | Business Wire

    The United Healthcare report above does not disclose how many are enrolled in private coverage products. The rates for care providers per procedure are by agreement lower than those charged to privately
    insured patients. Even so, in my experience with a spouse billed several years at over $100,000 annually by care providers and pharmacy, her privately paid insurer paid ten to fiften percent of $100,000 retail billings, and a $6900 out of pocket deductble plus the monthly individual rate premium.


    The ACA law was protected from private insurance lobbyists by an agreement permitting a 20 percent cap on gross profit. Individuals eligible for ACA plans must reside in households with MAGI annual income
    above 138 percent of poverty level. The 50 years of managing medicare claims processing, payment, and fraud enforcement indicate those responsibilities can be accomplished at a cost no higher than 5 percent
    of grossrevenue. IOW, there is about 15 percent "fat" in the ACA plans. CEO compensation[/a], executive lunch and travel and all ctual operational costs of an insurer cp,e from that twernty percent. set aside


    We know the insurance companies in the earliest rollout of medicare, demanded and received a piece of that action. For 50 years they process all Medicare claimns for less than three percent of gross revenue
    I recall reading that HHS fraud unit inspects care providers and pharmacies to control fraud.

    I live here.:



    Last edited by post; 07-22-19 at 01:38 AM.
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  6. #26
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    Re: How Long Have You Paid Into Medicare?

    Quote Originally Posted by SDET View Post
    Along with my poll, I would also like to know from those have paid into the system for decades if you are OK with others raiding YOUR benefits?
    Social Security was set up by FDR as a protection for people who need it either being disabled or elderly. Money was set up as a 'trust' to be untouched and unadulterated in any form. Yet, nearly $3 trillion dollars in borrowing capacity has given Congress a quick source of borrowing capital that it used to pay for any of its budget line items such as the war in Vietnam, Iraq and Afghanistan. Lyndon Johnson made a change in the budget presentation by including Social Security and all other trust funds in a"unified budget." This is saying that Social Security was placed "on-budget."

    President Obama was asked whether he could guarantee that Social Security checks would go out on August 3, 2011, the day after the government was supposed to reach its debt limit: “I cannot guarantee that those checks [he included veterans and the disabled, in addition to Social Security] go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it.”


  7. #27
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    Re: How Long Have You Paid Into Medicare?



    "You have no choice but to vote for me or the stock market will collapse!" Famous financial savant Donald Trump who bankrupted four casinos.

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