Join Early Retirement Today
Closed Thread
 
Thread Tools Search this Thread Display Modes
Paul Ryan's budget
Old 08-12-2012, 04:11 AM   #1
Thinks s/he gets paid by the post
teejayevans's Avatar
 
Join Date: Sep 2006
Posts: 1,222
Paul Ryan's budget

The "path to prosperity" budget changes the way medicare works, for those of us born after 1956. Now that's becoming a real possibility, I'm curious if anybody who is close the cutoff actually supports the voucher method?
Or better yet, if anybody already on medicare would want to change?

TJ
__________________

__________________
teejayevans is offline  
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-12-2012, 06:02 AM   #2
Thinks s/he gets paid by the post
Huston55's Avatar
 
Join Date: Jul 2011
Location: The Bay Area
Posts: 1,803
Almost everything I want to say would probably produce bacon. So, I'll just answer your question and add one thing.

I'm near the cutoff and I don't support vouchers for Medicare. It doesn't address the real issue - the cost of medical care in the US. Instead, it launches vulnerable seniors out into the storm of US medical care, like row boats into a hurricane.

What is Rep Ryan's plan for Congress's health care plan?
__________________

__________________
You may be whatever you resolve to be.
Huston55 is offline  
Old 08-12-2012, 06:34 AM   #3
Thinks s/he gets paid by the post
 
Join Date: Mar 2011
Posts: 3,708
I'm curious to see what the responses will be here.

Last week's discussion on SS's financial problems produced a surprising number of posters (surprising to me, anyway) in favor of reducing benefits and means testing (even for those on the cusp) "for the sake of the children" who'd be stuck with the bill.

I'm fully in favor of making changes but believe that those on the cusp (over 55?--pick a number) of SS/Medicare should be grandfathered in and those younger given time to adjust their finanical plans. Us older folks based much of our retirement planning on the current "social contract".
__________________
Living well is the best revenge!
Retired @ 52 in 2005
marko is offline  
Old 08-12-2012, 06:40 AM   #4
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,487
Nothing like the smell of sizzling bacon in the morning.
__________________
MichaelB is offline  
Old 08-12-2012, 06:41 AM   #5
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
Quote:
Originally Posted by MichaelB View Post
Nothing like the smell of sizzling bacon in the morning.
Porkey in the wind?
__________________
rescueme is offline  
Old 08-12-2012, 07:21 AM   #6
Thinks s/he gets paid by the post
frayne's Avatar
 
Join Date: Oct 2002
Location: 19th Hole
Posts: 2,535
I don't know enough about the specifics of his plan to comment, in addition Romney has already started to distance himself from the Ryan plan. I really don't see our politicians coming up with anything other than band aids and kicking the can down the road. As long as the programs stay solvent on their watch, there is no real desire to come up with a long term viable solution to the problems.
__________________
A totally unblemished life is only for saints.
frayne is offline  
Old 08-12-2012, 07:23 AM   #7
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,487
Quote:
Originally Posted by rescueme View Post
Porkey in the wind?
Any minute now
__________________
MichaelB is offline  
Old 08-12-2012, 07:55 AM   #8
Thinks s/he gets paid by the post
FIRE'd@51's Avatar
 
Join Date: Aug 2006
Posts: 2,322
I'm rushing to get this post in before this thread is closed, probably imminently.

The fact is that, if Medicare is left unchanged, it will eventually collapse of its own accord, probably sooner rather than later. While, personally, I'm not in favor of a voucher system, clearly something needs to be done. I give Paul Ryan credit for putting out ideas. Rather than ridiculing him for purely political reasons, I would like to see those that oppose parts/all of his plan try to work with him to come up with a better solution. No matter who wins this election, substantial changes in Medicare are coming for those under 55.

In essence, isn't Obamacare essentially a voucher system, and perhaps more restrictive than Ryan's proposal since, as I understand it, you can only get the subsidy if you buy the insurance from an exchange?

Since we have Obamacare starting in 2014, perhaps an answer might be to increase the eligibility age for Medicare, and use the subsidized Obamacare insurance to bridge the gap. Alternatively, if Obamacare is so wonderful, maybe we should get rid of Medicare altogether, and simply let seniors stay on Obamacare.
__________________
I'd rather be governed by the first one hundred names in the telephone book than the Harvard faculty - William F. Buckley
FIRE'd@51 is offline  
Old 08-12-2012, 08:11 AM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 7,896
Yum. I'm gonna make some bacon and eggs for breakfast today.
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
easysurfer is offline  
Old 08-12-2012, 08:16 AM   #10
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,487
Another thread closed

__________________

__________________
MichaelB is offline  
Closed Thread


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 02:36 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.