Reply to Why do people think Retirement Age is 65?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Medicare for all will stop this craziness[/b][/quote]

You Sir have no idea what you're saying.  You know nothing about Medicare.

-This years' premium is $202 monthly and climbs every year above the COLA given.
-If your income is above $109k then you have to pay a premium on top of the $202.  You may have to pay up to $700 monthly if you have a high income.
-Medicare doesn't cover many medical expenses.  It has a co-insurance for many procedures.  It also doesn't cover eye care or dental.  If you want the gap coverage i.e. Part Q, the premium is around $200mth if you're healthy.
-If you want most prescriptions to be coverered , then it's around $50mth

There you go, just for basic medicare and minimum coverage similar to workplace Insurance, you will be paying a minimum $450mth.

You're an ignoramus if you think Medicare for all is a good idea.  Throw on millions of people that haven't paid a lifetime into the fund and the expenses increase exponentially raising the premiums to $1000'S.

[/quote]
This sounds awful. I carried my health insurance from my employer into retirement, but when I turn 65, I will have to sign up for Medicare. The work insurance I believe becomes secondary insurance. But if what you quoted is true, my insurance cost will nearly double. Nine hundred dollars for one-person for Medicare expenses is ridiculous. And then to have to pay the premiums on the secondary insurance because Medicare covers little is asinine. [/quote]

Yes it is ridiculous!  That is why we need universal healthcare and need to get insurance companies out of it!

I should not have to pay $1200+ per person for healthcare at age 65+, for crappy insurance I have paid well over $500k into Medicare.  [/quote]

Yes you should pay that.  That is what it costs or it actually costs more.[/quote]

I have paid well over $500K into medicare, my spouse has paid over $200K.  I think the $700K+ we have paid has us covered.  More than covered.  We should not have to pay another $2.4K+/month for us to have basic healthcare in our retirement.

But perhaps you missed out on reading that we have paid more than 99%+ of people have paid in.

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