The corporate exec was sincere when he explained to me why he didn't pay most of his workers a wage higher than $14.25 an hour: That rate keeps them under $30,000, and that's about the cutoff for Medicaid and many other public assistance programs for a family of three. Without Medicaid they would have to … Continue reading Young couple (drive two Ferraris and own a $700,000 home) charged $21 for 3-day hospital stay. Average senior pays $1,364.
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 … Continue reading Jeff Bezos could go on Medicaid if he played it correctly, but the average working Jill can’t
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 … Continue reading 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
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 … Continue reading Some seniors will pay a 296% tax increase under “Deep State” deal with media and politicians
http://www.youtube.com/watch?v=3SKXQeD_nOs 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 … Continue reading GOP House passes plan to raise Medicare eligibility age to 67, then turn it over to insurance companies
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 … Continue reading Americans suffer while drug companies make a fortune because FDA isn’t timely approving generics
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 … Continue reading 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
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 … Continue reading How a Medicaid divorce can save you millions.