Explain?
Obamacare didn’t affect Medicare.
From Paul Krugman, NYTimes today (abridged):
Even if you’re too young to have this affect you ini the immediate future, when your parents lose Medicare and can’t afford private insurance, even with subsidies, who is going to pay their way?
ETA:
Every time you use an apostrophe to make a plural, a puppy dies.
I think he’s planning his escape from Trumpland.
Of course it did.
How else did it extend the solvency of medicare by 10 years?
For one thing it got rid of the extra money we were paying for Medicare part C.
It wasn’t supposed to “solve all medical cost issues.” That would be a naive pov indeed, and you’re not that, are you?
Oh, it was sarcasm. My bad.
Luckily, I have over 20 years to go before I worry about Medicare. I just know it can’t be used to receive medical treatment outside of the US.
Doesn’t hurt to begin retirement planning early 
So, how many millions are you planning to save for your medical needs in retirement?
What does that have to do with anything?
I know that people cannot use Medicare to receive treatment overseas as Medicare is set up now.
I simply wondered if any of the new plans being floated around would allow it.
Not sure what my retirement savings would have to do with that.
I think that Meciare Part C plans can cover pretty much anything as long as it covers AT LEAST what medicare covers. So there might have been one out there that used the extra money to cover foreign medical care. ISTM that having our retirees retire to Thailand and the Philippines would greatly reduce our medicare liability, so would senior citizen bloodsport but I digress.
ISTM that if I was a private insurer and I could move you to a low medical cost jurisdiction while getting a capitated fee based on US medical costs, I could make a fucking fortune.
Actually, it did, but in a good way - prior to the ACA, the Medicare trust fund was set to run out of money in 2017. Next year, for those keeping score at home. Now it’s not expected to run out until 2028.
Also, Obamacare should affect Medicare’s bottom line in another positive way: you don’t have nearly as many people reaching 65 who’ve put off needed medical care for years due to affordability issues. So you shouldn’t have as many people incurring a whole bunch of medical costs as soon as they turn 65.
And on the whole, elderly people are sicker than the rest of us. There’s a good reason why they have a hard time getting insurance in the private market. A big single-payer plan like Medicare that spreads the costs of their care over the entire population makes the most sense.
And it’s been working well for >50 years now. Paul Ryan isn’t trying to solve a problem; he’s trying to get rid of a program that helps millions of people, but, as an Ayn Rand disciple, he’s ideologically opposed to.
That’s our GOP: putting principles ahead of people. Fuck that shit.
Cartels are not new. And not all bad from the view of pure efficiency * ( although crushing the little competitor and not offering choice; and sitting on invention ); they maintain a fair cost and fair wages by preventing a race to the bottom. Very popular in the 19th and early 20th centuries, there was an international Lightbulb cartel in the 1920s.
And of course, for centuries local shops, manufacturers, and professions each conspired with their alleged competitors together to maintain the same prices. It was the natural thing to do.
If Medicare is abolished we’ll be back to the situation the prevailed in 1965 - it was virtually impossible for anyone over the age of 65 to obtain private health insurance. That is WHY Medicare was created in the first place.
If that happens you will have to pay for all your medical care out of your own pocket with zero help. Can you afford that? Are you even aware of how much the average person costs in healthcare from age 65 to death? Keep in mind, too, the post-65 life expectancy is greater than it was 50 years ago, so that’s even more money you’ll need than back in the bad old days.
In all my years I have met exactly ONE family that could confidently state they could afford to pay for all their healthcare on their own. Their net worth is measured with 10 digit numbers.
How much money do YOU have?
How much money do you think you’ll have in 20 years?
Abolish Medicare and that means you will have an additional 55 million uninsured people. The insurance companies will not want them for the same reasons they did not want them in 1965.
That, along with a rollback of the ACA, would mean about 100,000,000 to 120,000,000 Americans will no longer have health insurance. How is dumping 1/3 of the population out of the health care system in any way good?
Darwinism. Thinning the herd.
<Republican playbook>
Will it help the very wealthy become even more wealthy in the short term? Then it is good.
</RPB>
That’s some fine information you decided to just puke up into this thread. None of which have anything to do with my question.
I don’t plan on living in the US after I turn 55 anyway, so I don’t care what happens.
Sorry, didn’t realize this thread was all about you. :dubious: I don’t think anyone cares about your question.
I didn’t realize it either. I had a simple question, since I didn’t read about it anywhere. Other people somehow want to know about MY retirement plans :dubious:
Why 55? What am I missing out on? There is an expat enclave in Mexico, we think our money will go further there.
That’s the year my children will finish college. 
Rabbi said that life begins when the dog dies and the kids go off to college.
I’m glad we both agree that was fine information.
Good luck with that - there’s an active thread about how Americans think they can just go live anywhere in the world and it’s not that simple. Again, hope you have the money to do that and you’ve done you’re legwork. The older you are the less attractive you are as an immigrant.