General Discussion
In reply to the discussion: How about raising the Medicare age on the top one percent? [View all]limpyhobbler
(8,244 posts)If we are concerned somehow rich people are getting a free ride, then get it from them in taxes.
Raising the age for the top 1% saves almost no money from the budget.
It probably ends up costing us more money because it kicks the healthiest seniors (65 year old millionaires) out of the insurance pool.
And it opens the door for turning Medicare into a means-tested welfare program.
What the original post suggests, this is a form of incremental privatization, saying some people should "afford to pay for private insurance for a few more years".
Most people on this website want to join the civilized world by expanding Medicare to cover all Americans. We do not want to restrict it with income conditions. Raising the age for the ultra rich has almost no impact on the deficit.
The main impact of this proposal would be to establish the principal that Medicare can be denied to people who are above a certain income cutoff. And that is why the idea is being pushed/floated right now.
The President and Congressional Democrats should make clear they are against the piecemeal privatizing of Medicare and they will not go along with it.
Once they raise this eligibility age for the wealthy, how long will be before they raise the age for the rest of us?