Comments on: Should rich people pay more for Medicare? http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/ Fri, 05 Dec 2014 11:27:18 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: ElvisontheRoad http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-16516 Wed, 11 Jul 2012 01:52:59 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-16516 I am over 65 and still on private insurance because I can afford it. I am appalled that this entitlement (welfare) is given to those who have money for European river vacations, new expensive cars, and high-end homes. I speak from experience as I know people with plenty of money who are on Medicare.

I remember reading that Marlon Brando’s Medicare card was being auctioned on eBay and was stunned that a multi-millionaire with a private island, whose estate still earns $8,000,000.00 a year, was stealing from the American taxpayer.

There is a growing Medicare stigma. Doctors are refusing to take Medicare patients and the American public is beginning to ask a question that should have been asked a long time ago.

Why is this entitlement program not only offered to people with the means to buy their own insurance but why is it available only to those 65 and older?

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By: icicle http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8952 Fri, 06 Jan 2012 13:21:47 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8952 I saved for 30 yrs so I could pay off my mortgage when I retired. My retirement benefit is $50k/yr. At 65 it dropped to $38k/yr so I pulled out savings to pay off my mortgage since I couldn’t afford the payments. It wasn’t “income” for that year, it was withdrawal from savings from previous years. So my Medicare premium was increased to close to $50/mo. when I can least afford it since my income is only $38k/yr. A far cry from an “affluent” $85k. It’s so not fair, I can barely afford the utility bills here in Alaskan winters and I’m labeled “high income”. So not fair.

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By: rlain http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8821 Tue, 22 Nov 2011 00:23:21 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8821 Yes they should pay much more then ordinary middle class people.

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By: alrcsd http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8803 Mon, 14 Nov 2011 20:03:54 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8803 Yes. Social Security and Medicare were designed to assist those who do not have any other source or means. I get sick when I read about a wealthy person using his/her SS to pay for greens fees or buying the latest fashion. I believe it should be on a graduated scale up to the current limit. How to determine what is fair maybe to look at net worth. As the law stands now if I’m not mistaken; Mr. Warren Buffet would be eligible for SS payment.

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By: FuldaGap http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8565 Tue, 18 Oct 2011 01:07:32 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8565 So… if you’re frugal and conserve your resources, you’re penalized. What incentive is there to act responsibly? Spend, spend, spend all your income so as not to be “wealthy” when you retire.

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By: KARS http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8218 Thu, 29 Sep 2011 15:33:09 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8218 LAst year i became eligible for medicare and signed up for parts A and B. but i am still working and my income was high enough that my medicare coverage was high and cost me more than what i need to pay for a company plan. i cancelled medicare and the country does not have to pay for me yet. i didn’t like it but it makes sense to me – why should i take public resources if i don’t need them? IT makes sense to remove the incentive for higher income people if they have reasonable options. When i stop working my income will drop and i will really need the system.

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By: coberly http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8217 Thu, 29 Sep 2011 13:42:58 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8217 no, the rich should not pay more. Medicare is insurance. the way to pay for increased costs is to raise the premium enough so that “pay as you go” pays current costs. this spreads the cost over an entire working career, while you have an income, and before you have specific high cost needs. that’s what insurance does. only Medicare can take advantage of pay as you go so that premiums can be paid fifty years before you need help with the expenses.

by making the rich pay more you turn “insurance” into “welfare” and all the bad things that means.

for those who think pay as you go means that you are paying for someone else’s granny, you need to remember that when you are old someone else will be paying for you, but they won’t mind because when they are old someone else will be payig for them.

and if you think that is “unfair” you need to stop an ask who “pays for” it when you withdraw “your own” money from the bank.

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By: bjsauburn http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8183 Sun, 25 Sep 2011 17:33:54 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8183 Simple solution- national healthcare. If you can afford it, you can buy private insurance just like in most other countries, but you still have something to fall back on. What’s all this “get the government out of our lives” nonsense? Are we not a government ” of, by, and for the people?” If so, then why would we not want to be in control of our own services, insurance, etc.? It’s called a “co-op”. Of course, if you are against any and everything the government does, then you must admit that we DO NOT have a democracy, but rather a government controlled by the major corporations and the ultra wealthy. DUH! Take to the streets, my friends!!!!

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By: silverack777 http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8182 Sun, 25 Sep 2011 17:12:59 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8182 No one seems to be discussing the abuse, waste, and fraud which is causing Medicare to go broke. What about the $40,000 wheelchairs Medicare pays for. If the government cracked down on medical equipment abuse and fraud, a lot of money would be saved. Ditto for dishonest or abusive doctors and hospitals.

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By: GOLDENRULE http://blogs.reuters.com/reuters-wealth/2011/09/22/should-rich-people-pay-more-for-medicare/comment-page-1/#comment-8181 Sun, 25 Sep 2011 17:00:51 +0000 http://blogs.reuters.com/reuters-money/?p=19992#comment-8181 Do wealthier retired federal employees pay more for federal benefits?? Why are Federal employees entitled to anymore benefits than anyone else.Rich peoples should pay more taxes.

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