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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (28160)	11/6/2017 7:37:20 AM
From: Ditchdigger	Respond to of 34328

I suspect you're going to see more of what VT is attempting. A giant ACO, siphoning in medicaid,medicare and private dollars. (you can also probably be assured those dollars won't included union funded plans (teachers, state employees etc)). Perhaps a move of medicaid(to begin with) funding shifting to fed block grants. It is happening here and most the sheep have no idea. Name change, single payer became "all payer". "OneCare is what’s known as an accountable care organization, or ACO, with a vision to coordinate care (ration?--my comment) across dozens of health care companies to improve Vermonters’ well-being. The company is jointly owned by the UVM Medical Center and Dartmouth-Hitchcock Medical Center in New Hampshire." vtdigger.org I think perhaps Maryland has gone this route..going from memory Who knows, maybe VT will come out looking smart for getting started--that hasn't happened in my memory in a very long time though. A bit different here though with only a state pop. of 625K

To: Steve Felix who wrote (28160)	11/6/2017 9:35:06 AM
From: maverick61	2 Recommendations Recommended By alanballow E_K_S Read Replies (3) \| Respond to of 34328

OT - Healthcare is a wreck. I agree completely. And I worked in healthcare management for 10+ years and now in a different industry, am a trustee on a healthcare consortium. As a fiscal conservative I hated with a passion that Obamacare was passed. Still do. It makes zero sense that someone who has the means to retire early like you Steve (not picking on you, just using you as an example, you did not make the rules) gets free healthcare. Goes against everything I believe. Hard work, self sufficiency, being responsible for yourself. And yet now I will soon face a conundrum. I mentioned I plan to retire the middle of next year. I will be 57, wife will be 60. I too am in PA. I budgeted $20K a year to cover healthcare costs til age 65. Since Obamacare has destroyed the individual insurance market, my only choice after COBRA will be to go on a plan from the exchange. And given my only income will be dividend / interest and capital gains, you bet damn well sure I will manage it to stay under that $64K or whatever cap and go on the government dole. It will piss me off to do so because I don't believe in that and I am financially comfortable enough. The way I will rationalize it to myself is I am just finally getting something back for all the years of very high taxes I paid the government. But yes, healthcare and Obamacare in particular is a wreck