General Discussion
In reply to the discussion: 8 Democratic Senators introduce 'Medicare at 55 Act' [View all]MiddleClass
(888 posts)Last edited Fri Aug 4, 2017, 12:23 PM - Edit history (1)
At 65+, it becomes primary once you give up work.
Remember the days Medicare premiums were $47? eighties, nineties, tens, until Bush's second term.
I got to ask, if your Medicare increase, over the last 4 or 5 years. I don't know if you're protected from increases when there is no cost of living increase in Social Security. I don't think so.
Hospitalization would have to be negotiated (hopefully unwittingly slipstreamed down to 55) if not, you're right, there would be an extra charge for this 10 years to 65. Hopefully, when you're working you're still paying Medicare tax, while drawing the benefits. (That's why I did not bring up that part, because it gets confusing for people to understand).
Another question, as Medicare is a primary, you can only be responsible for 20 percent of what Medicare allows, no more. Even if Medicare does not allow (meaning 0 dollars) I was wondering which is doubtful, as a secondary does it offer that protection to you or your insurance company? I don't think it covers Medicare advantage, but I could be wrong by evidence is again anecdotal, and nobody really understood what I was asking.
Actuarially speaking, long-term stability, lower-cost per capita, lower expenses, will lead lower premiums