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democrattotheend

(12,011 posts)

23. You just gave me a good idea

Tue Jan 8, 2013, 12:14 AM

Jan 2013

Could they set it up so that people could use the subsidies they get to buy health insurance on the exchange to buy into Medicare instead? That way you could subsidize it without costing Medicare more money, although they would have to set the buy-in rate at a level that factored in adverse selection.

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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