Concerned About the Future of Medicare

Me too. I am collecting SSDI and just made the transition to Medicare. DH is on Obamacare for a few more years (hopefully) until he turns 65. I feel all of these programs are in jeopardy now. Thank goodness DH is healthy and I appear to have oversaved for retirement. Those savings will be rapidly depleted if Medicare goes to a voucher or HSA model.

He didn't "tell a tale".....he told a lie. He told many lies.

I am concerned what may happen to medicare and SSDI soon.  I honestly can't see how anyone can deny these benefits to those deserving.  Everyone has paid money from every paycheck since back in the day when they started working to protect our potential future.  I think there will be major class action law suits if the benefits were to be stopped.  The only problem would be what do we do in the interim while the lawyers battle it out...

Have you contacted AARP to ask about Medicare?  They might be able to give some insight.

Tina, I was wondering what Paul Ryan really has planned about privatisation of Medicare. He seems to have spent sometime looking at how to finance the health system. Giving people tax credits to help pay for their medical but if you don't have much income not sure how that will work. Also how will it help reduce the cost, competition in the drug industries. Seems kind of loosy defined. I don't have to worry about it now but in 7 years I'll be on medicare if I am still here. My husband is on it, with the supplemental we're paying over $500 a month for him. It will be like a morgage payment by the time I have to pay too.

you know the cost of Medicare supplements vary from state to state. What I pay $94. For part G which has a $160 a year deductible, the same part G in places like NY,NJ and Florida cost over $300. I also have A,B, and D.I changed D to a more expensive plan$70 because with it my hormone therapy drug is $32 vs the $175 I was paying under my old plan.

tina2

I do understand the concern over Medicare as I too am economically vulnerable relying on SSI & a sm. pension. I also pay a high price for supplement insurance & have been doing chemo for 3+ yrs.  AARP does have its ear to the ground on such issues but you are right you're probably smarter. It was just a thought. Whatever changes are made it would be a real political slog to get changes through. I'd just like a decent increase. The last one gave nothing since the cost for Medicare went up so that's 2 yrs with no increase on income but plenty of increases for everything else. I have no family so there's no possibility of hand outs. Yah I understand economic vulnerability.

Hopefully the narcissist will be more concerned about re-election potential and not piss off the masses, which messing with MC & SS/SSDI would create a huge uproar.