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Paying $11,000 for "free" Medicare health care in 2012: How Social Security and Medicare really work: A case study

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Paying $11,000 for "free" Medicare health care in 2012:

How Social Security and Medicare really work:   A case study

A case study of one person on Social Security and Medicare shows that this individual will pay $11,000 for "free" Medicare health care in 2012 -- which represents more than one-half (50 per cent) of his annual Social Security income.  

Submitted by:

Thom Prentice, Ph.D.

Blog:   democracyweb.com

By THOM PRENTICE

People on Social Security and Medicare are NOT "on unearned welfare" or "handouts" or even "bailouts" (unlike the Big Banksters on Wall Street).   Rather, people on Social Security and Medicare have paid through the nose for their entire working lives for this "social contract" "and they are STILL paying through the nose -- in this case study, to the tune of $11,000 in 2012 -- 50% of Social Security income.

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Perhaps no one in the Washington/Wall Street/Corpster News Media bubble knows exactly how Medicare really works -- let alone Social Security -- and many --consider the programs to be the equivalent of "welfare".

This is incorrect.   It is demonstrably, empirically untrue.   It is a lie.

Moreover, people like House budget chairman Congressperson and former Republican Vice Presidential nominee Paul Ryan and former Republican Senator Alan Simpson often insist on calling the programs "entitlements" and want to "privatize" (or rather "eliminate) them entirely.   (Since when are they "entitlements" or "benefits"?   REAL "Entitlements" and REAL "benefits" only accrue to The One Percent Wall Streeters and the servile, sycophant go-fers in their Royal Feudal Courts.   Mitt Romney, Donald Trump, Jamie Dimon, Lloyd Blankfein, Sheldon Adelson, The Koch Brothers, THEY are the ENTITLED CLASS.)   But, I digress.  

After paying into Social Security for a working lifetime -- and paying the specific Medicare" tax as well as income tax -- Social Security and Medicare recipients keep on paying!   What follows is a case study of the way this so-called "welfare system" system "works" for this writer.

No monthly/annual premium is paid for the Medicare Part A (Hospital Benefit) but there is a Part A deductible of $1,132 per year for 2012, an increase of $24.   This is paid for out of the Social Security recipient's Social Security check, from other retirement or IRA/401K plans, or from dwindling, drained or non-existent assets .   [NOTE:   This item is difficult to display in a list like this because of its numerous variables.   For instance, if one has a Medicare Supplemental Policy (Medi-Gap) then the deductible is paid for.   If not, then the deductible is not paid for.   Plus Medicare patients can also have primary insurance from retirement and/or employee-related plan which makes Medicare secondary.   So many variations.   But for purposes of this article, I list it here and include it in the running and cumulative totals.]

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          Running total for 2012:   $1,132.

 

The monthly/ annual premium recipients pay in 2012 for the Medicare Part B (Doctors/Medical Expense Coverage) is   $99.90 a month/$1,198.80 annually.

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Thom Prentice is an "Intellecty'all, Symbologist and Deconstructioneer" and a dangerous thinker living in San Marcos, TX.  He is also a "scrivener, a scribbler and a cipherer" when chemo-brain doesn't interfere.  His career began in Journalism.

Prentice has been diagnosed with ten cancers in eleven years, most recently in June 2012 and is currently on radiation and chemotherapy.  Prentice took his Ph.D. in 1995 from The University of Texas at Austin in Curriculum and Instruction/Language and Literacy".  His previous degrees were also from UT-Austin, including Bachelor of Journalism (1970) and Master of Education/Curriculum, and Instruction, Social Studies (1980).

He began teaching high school journalism in 1976 and is certified to teach Journalism, English, Government and History in Texas.  He also taught regular high school English and English for Limited Proficient students in Los Angeles, CA.  He has taught journalism at the university level and was Associate Professor of Curriculum and Instruction (Teacher Education) st Texas State University until 2002, a year following his first cancer diagnoses and treatments

He likes to read, think, ask awkward and inconvenient questions and walk his dog.  His primary concern is to stop Industrial Capitalism-"Fueled" Catastrophic Climate Change/Global Warming or we're toast.  He is also a "dog person" and likes to walk his dog, Kiko.

Blogger democracyweb.com

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Paying $11,000 for "free" Medicare health care in 2012: How Social Security and Medicare really work: A case study

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