For the 8 out of 10 of us that still have a job, get ready to pay. Starting in 2011, over 7,000 baby boomers per day will be joining the Medicare system.
|LBJ signing Medicare into law|
Here's a nice little nugget from an article in medicalnewstoday.com
You were hoping for Obamacare? Good luck. Do you think healthcare is a right? Think again. You can't demand a right to someone else's service. But, that's a blog post for another day."Put simply, costs are rising too fast for Medicare taxes to cover everything. A couple of baby boomers who reach retirement and had paid $114,000 in Medicare payroll taxes will typically require medical care costs exceeding $350,000."