Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 1 November 2013 [View all]Tansy_Gold
(18,167 posts)I should point out that Medicare isn't free.
Basic Medicare costs at least $105/month for a single individual. Prescription plans (only available through private insurance companies) start at around $25/month for a single individual. This is even after you've paid into the system via FICA taxes your entire working life.
And Medicare has deductibles and limits and doesn't cover everything. And while it is possible to opt out and buy private insurance that's better, those who don't buy other insurance and still opt out will eventually pay a penalty in the form of higher Medicare premiums.
There are some subsidies available through the various individual state programs/Medicaid to help lower income individuals but they have to be applied for and are not available to everyone everywhere.
What this all comes down to, of course, is that we have an entire system that is totally broken because by design it provides benefits to those who don't need them and denies benefits to those who do. How fucked up is that?