Big price hikes coming for Medicare premiums in 2016

[fan_since79]

This should go over well.

 

http://www.msn.com/en-us/money/insurance/big-price-hikes-coming-for-medicare-premiums-in-2016/ar-BBlH2oU?ocid=UP72DHP

 

 

[gotbeer]

Hey, those seniors can afford it.  

[Hollyw00d]

Sucks to be old

[Tank]

it's a little known fact that fixed incomes really give people a lot of financial flexibility.

[fan_since79]

Can you imagine the outrage if this announcement happened during a Republican administration?

 

Not a peep from the mainstream media beyond the bare facts of the story.

Edited August 31, 2015 by fan_since79

[Spirit]

Thanks Obama! 

[Adam]

We should raise taxes on those rich ****ers making $47K a year or more

[Spirit]

These guys have had it too easy for too long!  Let's beat them up and take their lunch money ... errrrr ... I mean jack up their Medicare premiums and tax the hell out of them.

 

That'll show 'em!!! 

 

[Jason]

Can you imagine the outrage if this announcement happened during a Republican administration?

Not a peep from the mainstream media beyond the bare facts of the story.

It's not as fun putting it on Dem.

[Vegas Halo Fan]

Don't worry. The Republicans can just privatize it, and that will fix everything.

[Adam]

Republicans don't want to privatize anything

[juansavage1]

I'm a teacher and my union is gearing up to fight health care cuts by the district. I thought health care was supposed to be cheaper!

[Lou]

I'm a teacher and my union is gearing up to fight health care cuts by the district. I thought health care was supposed to be cheaper!

Are you going to remind them that they endorsed Obama in 2012? ( and now Hillary )

[Vegas Halo Fan]

Republicans don't want to privatize anything

Social Security, for starters.

[juansavage1]

I told them that the left likes unions when they need power, but abandon them when they achieve it. In a one party state like ours, they don't need any group and can do as they please. The first thing communists did was disband independent trade groups and unions. 

[Adam]

Social Security, for starters.

Some Crony hybrid nonsense proposed by a few fringe candidates to differentiate themselves from the establishment hardly counts as privatization. Privatization of social security would simply be the elimination of social security (or an optional program.)

[juansavage1]

Some Crony hybrid nonsense proposed by a few fringe candidates to differentiate themselves from the establishment hardly counts as privatization. Privatization of social security would simply be the elimination of social security (or an optional program.)

Privatizing Social Security is not a fringe issue for Republicans. It's been discussed. The model they often use is Chile. 

[Adam]

I could be wrong, but my understanding is that Chileans are still forced to participate. 

 

Republicans can discuss social security and medicare and flat taxes all they want. They're still non-starters. 

[Catwhoshatinthehat]

I'd love to see a model like the one they have in Singapore where citizens and permanent residents have an account that's designated for them that both they and their employer pay into.  That account is further divided into 4 accounts/buckets that cover retirement, helping with a home purchase and healthcare in later years while the 4th account comes into play after a certain point and combines two of the other accounts to assist with expenses later in life .  That said I know it won't happen for a variety of reasons the biggest of which is that we have a pay as you go system.  Regardless as someone in their early 30's I don't enjoy paying into a system I count on getting nothing from in retirement but it is what it is.  I'd gladly sacrifice what both me and my employer have paid so far along with what my employer will pay in the future just to keep my contribution going forward.      

[Lhalo]

There are a lot of things that Singapore does better than this country.

[Tank]

how in the world do any of you know what they're doing for social security in chile and singapore??

[Catwhoshatinthehat]

Some of us travel and/or have offices in other parts of the world.  I figured a dew swilling hippie teacher like you would be well traveled.

[Adam]

I get Juan Savage's newsletter

[Vegas Halo Fan]

I could be wrong, but my understanding is that Chileans are still forced to participate. 

 

Republicans can discuss social security and medicare and flat taxes all they want. They're still non-starters. 

 

The Republican plan is basically to throw Social Security funds into the crap shoot of the stock market, simultaneously freeing the government of administering the program, and throwing tons of cash at their financial supporters in the form of program fees and commissions.

[Adam]

The Republican plan is basically to throw Social Security funds into the crap shoot of the stock market, simultaneously freeing the government of administering the program, and throwing tons of cash at their financial supporters in the form of program fees and commissions.

 

They can attract voters by spewing that nonsense, knowing full well it is a non-starter