If Medicare is the be-all-end-all, why do people need Supplement Plans? That seem to be multiplying as less and less gets covered by the government? It’s like double taxation, IMO.
Why does Medicare coverage, overall, kind of suck? Just like Medicaid?
Why should you be forced to pay into a system when you could make a better financial return on your investment in the free market?
I know more and more people who are continuing to work past 65 because they need private insurance as their secondary. Even Congress gets better insurance coverage throughout their miserable lives after retirement.
Furthermore, it seems there’s more and more press releases coming from the Justice Department about providers committing millions of dollars worth of Medicare fraud. We wind up funding those court cases with our taxes, too.
To me, Medicare is just another way to steal money from hard working Americans and giving them a sack of 💩 in return instead of good coverage as promised when Medicare first started. (I am beginning to think it was a scam when initially implemented, but I know it’s operating as a damn scam now.)
Why not let people get their SS payments back so tax payers can use that money on actually beneficial services instead of lining the federal coffers with even more of our hard earned funds? Or working on a different, less bloated system?
I agree with his point about bailing out corrupt global insurance companies, but I disagree on Medicare.
It has been my opinion on the Social Security and Medicare programs that they will die or be cancelled at the hands of the late Gen X and early Millennials after people born prior have died of old age.
The programs are simply unsustainable and I would never try to justify burdening future generations with unbearable debt paying for the prior generations. With the current system, these programs will continue to be eroded by inflation as debt and reckless monetary policy destroy our fiat currency's purchasing power. They will be more and more effectively nullified as a value. By the time I reach retirement age, we will find the value prospect of these programs a net negative for everyone. Most earlier generation (older) folk I've discussed this with are determined to get something back out of it since they paid into it their entire life. I expect nothing of value out of it, so killing the program is a simple conclusion for me.
The timing of killing it will be a few years off yet. Maybe twenty years at most, but likely sooner than that with the current apparent path our nation is traveling.