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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TopCat who wrote (853202)4/30/2015 2:12:57 AM
From: Broken_Clock  Respond to of 1575517
 
ACA screws the boomers

when you really need medical, your entire SS will be sent to the wall st. health coffers

Even Higher Health-Care Costs Down the Road?
Part B Premiums aren't the only place seniors may feel the impact of impending health-care inflation. J.P. Morgan Asset Management research found that the average 65-year-old paid $4,400 in Medicare premiums (Part B, Part D, and Medigap), out-of-pocket expenses, and vision and dental services in 2014. J.P. Morgan expects those costs to rise at an annual rate of 6.1% over the next 20 years, to $17,000 at age 85. That outlook includes a sizable bump for what J.P. Morgan calls "uncertainties"--mainly about the actual rate of health-care inflation and federal policy changes that could saddle seniors with a larger share of the health-care bill.

The doc fix is one example of such policy changes, and it might be the first in a wave of similar reforms. Two reform ideas that have gotten some bipartisan traction in Washington--means-testing Medicare and increasing cost-sharing--could be revisited by lawmakers again.

news.morningstar.com