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To: SaraJohnson
Because they and their employers paid for medicare coverage throughout their working lives. Maybe that is why the “deserve” to get the money back that was supposedly for health care in their old age.

The truth is that people get three times more out of Medicare than they paid into the system. Medicare is a pay as you go system. The benefits for today's retirees are paid by today's workers thru the payroll tax. Medicare Part A has been running a deficit since 2008. And the premiums collected for Medicare Parts B and D cover only 25% of the costs. The rest must come from the General Fund.

Medicare is Bad Medicine for Young America

15 posted on 05/13/2012 4:47:17 PM PDT by kabar
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To: kabar

Just give me the money back, plus interest, and we will call it even. Otherwise, forgitaboutit.


23 posted on 05/13/2012 7:36:35 PM PDT by SaraJohnson
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