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In response to:

Future Generations

JANET337 Wrote: Dec 05, 2012 8:19 PM
It isn't just today's Americans doing this. The Silent Generation, the Greatest Generation and their parents/ grandparents voted for the politicians who enacted Social Security, Medicare, and Medicaid. These generations have been the ones to benefit hugely from these programs, especially Medicare/Medicaid. Assuming a 50 year "working life", no one who went/goes on Medicare before 2015 paid in "their entire working lives". Boomers are often blamed for the mess, but the majority of Boomers were not old enough to vote in 1965 when Medicare/Medicaid were enacted. Our elders pushed their benefits onto us without concern. Make ratiponal cuts to current and future recipients to save these programs.
Much of Medicaid spending actually goes for nursing home care. Some of these patients are truly needy and have no assets or resources at all. Others, through effective and legal planning, have preserved their assets to pass down to their families. Done right, they can then qualify for Medicaid to pay for their nursing home care. Even without estate planning, the primary residence is not considered an asset that can be liquidated to pay for the care, even after the owner (and their spouse) have passed. In effect, because we have a system that allows asset preservation, taxpayers are subsidizing the care of nursing home patients so that their survivors can recieve an inheritance. Yes, I know... there are exceptions to this.
In response to:

Is Medical Care A Right?

JANET337 Wrote: May 01, 2012 9:59 AM
If you are on Medicare, it does.
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