Talk of The Villages Florida - View Single Post - Medicare weighs premium cut
View Single Post
 
Old 05-12-2022, 01:02 PM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 17,436
Thanks: 3,047
Thanked 16,613 Times in 6,564 Posts
Default

Quote:
Originally Posted by rustyp View Post
Let's take your thought to the extreme. So as not to punish those contributing under 65 and not reaping the benefit today would you support leaving the tax rate as is but raising the premium on those of us using Medicare to the point the system breaks even ?
Another option is to reduce the benefits. But, I think that a major problem with Medicare is that you can pay the premium and buy a supplement plan that will cover 100 percent of all medical costs, with no copays. So, the patient has no incentive to shop around for lower costs or to avoid unnecessary treatments. I think that the patient should be required to pay a percentage of the cost for every treatment so that the patient has some skin in the game. That would significantly reduce the overall cost of the Medicare program.