Comment on An insurance I don't love
DarrinBrunner@lemmy.world 3 days ago
Should be MediCAID for all. But, they’ve pushed MediCARE for all as a negotiation.
A lot of people don’t know the difference.
Comment on An insurance I don't love
DarrinBrunner@lemmy.world 3 days ago
Should be MediCAID for all. But, they’ve pushed MediCARE for all as a negotiation.
A lot of people don’t know the difference.
CorneliusTalmadge@lemmy.world 3 days ago
Came here to point this out because it seems to always be missing from the conversation:
MEDICARE IS NOT FREE!
It currently costs $202.90 a month for the lowest income bracket and only covers 80% of the cost.
The amount you pay is adjusted based on income. And since it only covers 80% guess what you need? That’s right a second private insurance plan to cover the remaining 20%.
Unless you are on Medicaid which pays the $202.90 and covers the 20%. But not everyone who is on Medicaid even qualifies for this full assistance. A lot people on Medicaid only get partial assistance.
The entire system is a huge scam made by corporations, and even they are like this is unsustainable. Because you can’t have an insurance plan where everyone on it is going to die in the next 10-15 years. The pool of money is too small, and there is no risk to insure against, because people 65 and older are all but guaranteed to get sick and then die. This is why Medicare was even created because the private market wouldn’t insure older people.