The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (26101)	12/16/2004 11:03:35 PM
From: Amy J	Read Replies (3) of 306849

RE: "I had to look into whether my elderly parents would qualify for the drug plan the other day. I found out they won't qualify for any discounts on their prescriptions despite paying 40% more for Medicare premiums since last year. You can't qualify for the idiot plan if you make more than 16K or if you're already covered for prescription coverage in another insurance plan. Hardly anyone qualifies for the benefit" If what you say is true, then his plan would be considered economically successful. (Morally successful maybe not.) He essentially increased fees by 40% without increasing benefits. You don't hear this from the media, because it's too complicated. Bush has figured out the system: he can raise rates drastically without directly saying so. There was one report that suggested Bush's change for SS is to purely reduce the benefits for the younger generation, indirectly so thru privatization. But the younger generation would rather see privatization since no one believes SS will be around. Regards, Amy J

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