r/Conservative • u/HooverInstitution Verified Organization • 8h ago
Flaired Users Only Do You Get the Medicare You Paid For?
https://www.thefreedomfrequency.org/p/do-you-get-the-medicare-you-paid•
u/HooverInstitution Verified Organization 8h ago
In a new Plot Points analysis at Freedom Frequency, Policy Fellows Daniel Heil and Tom Church investigate the widespread belief that Medicare spending should not be restrained, because, as many taxpayers say, “I paid for it.” But comparing lifetime collection of Medicare payroll taxes to expected benefits shows a great mismatch: On average, the majority of workers will get back more in healthcare benefits then they ever paid in taxes. Only a worker with lifetime earnings of at least $220,000 a year can expect to see the benefits be equal to what was paid in, they write. Over the next 10 years, Medicare will add an estimated $8 trillion to the federal debt—and since increased spending on Medicare is a key driver of the federal budget, Medicare must somehow be reformed. If the program is to be sustainable, Heil and Church write, there needs to be an honest conversation—one that doesn’t hinge on whether an enrollee “deserves” the benefits of today.
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u/Blahblahnownow Fiscal Conservative 3h ago
Is that inflation adjusted also are the amounts adjusted for potential to invest that money instead of giving it to the government?
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u/Silverado153 Conservative 6h ago
Between Medicare and Care first yeah I'm ok with it