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Old November 26th, 2017, 10:55 AM   #41
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Originally Posted by BubbaJones View Post
This is once again, private industry keeping their profits (and often paying few taxes) then offloading their debt to the public. They hated Obamacare because they HAD to insure the older less healthy and because they had to cover pre-existing conditions. So now that they've bribed enough congressmen they going to shift that burden to the tax payer.

Flooding damage more houses the ALL OTHER DAMAGES combined. Where do you buy flood insurance ?? From the federal government.

When you're young and healthy the insurance industry will gladly sell you insurance. But once you hit 65 what happens ?? MEDICARE !!!!! The same company that gave you coverage at 64 years old, will at 65 years old, sell you a supplemental policy for nearly the same premium !!!

We saw this during the housing crash. The same banks that blindly made loans to people they knew didn't qualify got bailed out by the government.

When someone talks about corporate welfare THIS is what we're talking about. Corporations keeping profits private, while in various manners moving their debts load to the tax payers.
The same company that gave you coverage at 64 years old, will at 65 years old, sell you a supplemental policy for nearly the same premium !!!

Not even close

The average cost for the most popular medigap policy, called Plan F, is $1,813 a year for a 65-year-old woman

Read more at https://www.kiplinger.com/article/re...2oWEH6UcAFB.99

1813 divided by 12 is $151. Not even close.
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Old November 26th, 2017, 10:59 AM   #42
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Originally Posted by Quigley View Post
The same company that gave you coverage at 64 years old, will at 65 years old, sell you a supplemental policy for nearly the same premium !!!

Not even close

The average cost for the most popular medigap policy, called Plan F, is $1,813 a year for a 65-year-old woman

Read more at https://www.kiplinger.com/article/re...2oWEH6UcAFB.99

1813 divided by 12 is $151. Not even close.
Even adding in the Part B cost it doesn't come close.

There is a monthly premium for Part B coverage. For Medicare beneficiaries with incomes below $85K/single or $170K/couple, the Part B premium cost for 2017 will average between $109 and $134 per month.



Cost of Medicare Part B & Part A | MyMedicareMatters

www.mymedicarematters.org/costs/parts-a-b/
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Old November 27th, 2017, 04:49 AM   #43
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Originally Posted by BubbaJones View Post
This is once again, private industry keeping their profits (and often paying few taxes) then offloading their debt to the public. They hated Obamacare because they HAD to insure the older less healthy and because they had to cover pre-existing conditions. So now that they've bribed enough congressmen they going to shift that burden to the tax payer.

Flooding damage more houses the ALL OTHER DAMAGES combined. Where do you buy flood insurance ?? From the federal government.

When you're young and healthy the insurance industry will gladly sell you insurance. But once you hit 65 what happens ?? MEDICARE !!!!! The same company that gave you coverage at 64 years old, will at 65 years old, sell you a supplemental policy for nearly the same premium !!!

We saw this during the housing crash. The same banks that blindly made loans to people they knew didn't qualify got bailed out by the government.

When someone talks about corporate welfare THIS is what we're talking about. Corporations keeping profits private, while in various manners moving their debts load to the tax payers.
LETS SEE HEALTH INSURANCE COMPANIES ONLY HAVE 3% (3 CENTS ON THE DOLLAR) PROFIT MARGIN

GOVERNMENT TAKES ~50% OF YOUR INCOME (STATE LOCAL AND FEDERAL).

WHO IS GOUGING YOU.

nuff said
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Old November 27th, 2017, 04:07 PM   #44
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Originally Posted by TNVolunteer73 View Post
LETS SEE HEALTH INSURANCE COMPANIES ONLY HAVE 3% (3 CENTS ON THE DOLLAR) PROFIT MARGIN

GOVERNMENT TAKES ~50% OF YOUR INCOME (STATE LOCAL AND FEDERAL).

WHO IS GOUGING YOU.

nuff said
So what you're saying is the government SHOULD be paying for our health care !!!!
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Old November 27th, 2017, 04:10 PM   #45
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Originally Posted by Quigley View Post
The same company that gave you coverage at 64 years old, will at 65 years old, sell you a supplemental policy for nearly the same premium !!!

Not even close

The average cost for the most popular medigap policy, called Plan F, is $1,813 a year for a 65-year-old woman

Read more at https://www.kiplinger.com/article/re...2oWEH6UcAFB.99

1813 divided by 12 is $151. Not even close.
OK you're right I over estimated the numbers. The number however were NOT the point of the original post.

The POINT was the PRIVITIZATION of profits while laying off the losses to the government.
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Old November 28th, 2017, 03:49 AM   #46
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So what you're saying is the government SHOULD be paying for our health care !!!!
No Government needs to get the HELL OUT OF IT.


They already stole 3/4 trillion dollars of our Medicare money to fund OBAMACARE SUBIDIES..

That is why Medicare denies heathcare TWICE AS OFT)EN as Private insurance companies (with the Exception of Aetna
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Old November 28th, 2017, 03:54 AM   #47
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Originally Posted by BubbaJones View Post
OK you're right I over estimated the numbers. The number however were NOT the point of the original post.

The POINT was the PRIVITIZATION of profits while laying off the losses to the government.
Government has cost you about 2 million dollars with Social Security Taxes


If you earn 50,000/year your what is put into SS if it had been put into a ROTH IRA from Age 35 until 65 you would have 1,750,000 OF TAX FREE RETIRMENT.
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