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democrattotheend

(12,011 posts)

13. That figure is for 55-64 year olds

Mon Jan 7, 2013, 09:46 PM

Jan 2013

It was calculated during the 2010 debate over the ACA during the brief period when Medicare buy-in was on the table. It might actually be a little higher now since 2 years have gone by and health care costs go up every year.

http://www.slate.com/articles/news_and_politics/prescriptions/2009/12/ask_dr_kildare_part_3.html

I had a better source but I can't find it. I will let you know if I do.

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How would lowering the Medicare age save the system money? [View all] democrattotheend Jan 2013 OP

People would be buying part B coverage upaloopa Jan 2013 #1

The current premiums for Part B are heavily subsidized democrattotheend Jan 2013 #4

Some people put off addressing medical problems Downwinder Jan 2013 #2

Any idea where I could get some numbers on that? democrattotheend Jan 2013 #24

I can only speak anecdotally. I don't know if there are Downwinder Jan 2013 #25

I have never researched this, but I have a couple of ideas JDPriestly Jan 2013 #32

I think you would have to do a reshuffle of the entire payment system Jackpine Radical Jan 2013 #3

It makes sense when you look beyond the Medicare trust fund Warpy Jan 2013 #5

Please don't call me a Republican democrattotheend Jan 2013 #7

Easy. You assure solvency by having a full price buy in Warpy Jan 2013 #12

A larger, healthier pool would seem to lower the cost per participant TheKentuckian Jan 2013 #14

You just gave me a good idea democrattotheend Jan 2013 #23

Sure, it just has to be passed. TheKentuckian Jan 2013 #35

Well, how do other rich nations do it by having universal health care? CTyankee Jan 2013 #26

Of course I know that democrattotheend Jan 2013 #30

But you do understand you face a problem by segmenting this one demographic in the overall CTyankee Jan 2013 #31

One thing you might want to look at is the number of people in their 50s who have to rely on JDPriestly Jan 2013 #33

To bring Medicare up to the level of Medicaid requires (roughly): Downwinder Jan 2013 #34

Open Medicare to everyone regardless of age... Pilotguy Jan 2013 #6

In theory, I might agree democrattotheend Jan 2013 #9

The charge in Germany is over 14% of pay. Yo_Mama Jan 2013 #19

It would cost way more than that. Yo_Mama Jan 2013 #20

Hold on. lumberjack_jeff Jan 2013 #8

That figure is for 55-64 year olds democrattotheend Jan 2013 #13

65 + is $800; the $600 is an actuarial cocktail napkin sketch Recursion Jan 2013 #37

I believe you, but it's important for me to understand the basis. lumberjack_jeff Jan 2013 #40

I would have jumped on $600/mo.... Faryn Balyncd Jan 2013 #10

That is great information, thank you democrattotheend Jan 2013 #15

Yes, the exchanges would offer some better options.... Faryn Balyncd Jan 2013 #17

The argument about Medicare's administrative costs is kind of misleading democrattotheend Jan 2013 #22

-_- JaneyVee Jan 2013 #11

Are you talking about lowering the age with buy-in? democrattotheend Jan 2013 #16

I don't think so Yo_Mama Jan 2013 #18

I wish I weren't democrattotheend Jan 2013 #21

Have you found anywhere a table that breaks down Medicare expenditure by age of the insuree ? n/t PoliticAverse Jan 2013 #27

No, but that's a good idea democrattotheend Jan 2013 #29

I am no expert on Medicare but it seems to me that you are making a case for Medicare for all CTyankee Jan 2013 #28

In theory I would probably support Medicare for all democrattotheend Jan 2013 #36

Yes, I can see that from what you've written. I was just commenting on the problems inherent CTyankee Jan 2013 #38

In case you missed it. PETRUS Jan 2013 #39

I did miss it democrattotheend Jan 2013 #41

No apology necessary. Hope it's helpful! PETRUS Jan 2013 #42