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Tag Archive for ‘Medicaid’

Jeff Bezos could go on Medicaid if he played it correctly, but the average working Jill can’t

Medicaid rules changed when President Barack Obama pushed through the Affordable Car Act (ACA) and he ensured that the very rich could join low-cost Medicaid, while the working class had to pay high medical expenses, either at work with private insurance or retired under Medicare. While I’m sure Jeff Bezos would never stoop his mightiness to rub elbows with regular folks on Medicaid, it is amazing that he could so […]

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If all you want for Christmas is your two front teeth, it’s time to borrow $6,400 or pay 1/3 price in India

If our politicians ever make the effort to visit the “little people” – those neglected voters, who don’t live in gated communities and suck gin in the Capitol – our selected leaders will see smiles without front teeth. And that is just the beginning of their constituents’ dental problems. Some 140 million Americans have no dental insurance, and for most who do pay premiums, the coverage won’t cover the cost […]

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Some seniors will pay a 296% tax increase under “Deep State” deal with media and politicians

Remember the promise of a tax cut primarily for the middle class? For many Americans that will be a lie, and retired seniors will be hit the hardest, despite the attempted sleight of hand numbers game that “gives” you about double the standard deduction, but doesn’t mention the loss of personal exemptions. Even worse, the so-called reform means that a couple that used to itemize deductions above $12,700 (under 65) […]

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GOP House passes plan to raise Medicare eligibility age to 67, then turn it over to insurance companies

Time after time, Mr. Donald Trump promised no cuts to Medicare and Social Security, but the current leader of the nation and Republican Party now seems to have a change of heart – to put it very kindly – or he has just wandered even deeper into the swamp. It could be the President is distracted by his fake plan to lower taxes for the middle class  and so he […]

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Americans suffer while drug companies make a fortune because FDA isn’t timely approving generics

The Food and Drug Administration (FDA) last year had 4,036 generic drug applications waiting for approval. In October 2012, there was a backlog of 2,868 drugs. It now takes a median 47 months to approve a generic drug by the FDA – nearly four years. What does this mean to the healthcare consumer? First, it allows a drug company to continue selling their “brand name” drug because there is no […]

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Gary Johnson wants to cut 43% from Medicare and the Defense Dept., end the senior drug benefit, eliminate student loans, and stop taxing the rich

Is the grass always greener? It was a simple question to Gary Johnson in a 2012 interview, while running for President as the Libertarian candidate: How do you stop the deficits and out of control spending? The answer from Johnson, who is currently managing 6% to 10% voter support in national polls: A: Well, cutting $1.675 trillion from the federal government. You got to start out by talking about (cutting) […]

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How a Medicaid divorce can save you millions.

Leave it to the scions of Washington D.C. to break up middle class marriages. Under current law if your spouse enters a nursing home, both of you are obligated to pay for care. With an average monthly Social Security check at $1,413, the cost of a nursing home is impossible to pay out of current income. Most folks dip into savings. But even a family with say, $400,000 saved over […]

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$6,000 healthcare deductible lowers birth rate in the U.S. and keeps many from marrying

Some pundits have recently commented on other blogs that the birth rate seems to be declining among middle class citizens. In my opinion much of this terrible trend is caused by economics – newly minted healthcare insurance plans that no longer just require co-pays, but have a huge first contribution. When a family has to pay the first $6,000 in healthcare costs in a year – having a baby is […]

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