Germany has one of the oldest systems (and it's a bit more complex than most modern proposals) from what I read.
Yet, they figured this all out a LONG time ago, as did most sophisticated/advanced developed countries. USA is stuck in the dark ages. It's not that we can't figure it out, it's that we won't. Greed and disinformation based economy.
Good morning snails.
Yet, they figured this all out a LONG time ago, as did most sophisticated/advanced developed countries. USA is stuck in the dark ages. It's not that we can't figure it out, it's that we won't. Greed and disinformation based economy.
Good morning snails.
yes, it's a multi-payer system and not financed by taxes. government only bears the cost for the unemployed and children to some degree. also of note - in 2015 contributions were decreased from 15.5% to 14.6%, shared equally between employer and employee
morning, bear, atty and gracie!
OK, so now that Tibs posted links, and you've brushed up "over there"...
You CAN participate "over there", you know.
If you want, you can bring a therapy cat or something. Silly Putty might work
(Pun)
So costs went DOWN!yes, it's a multi-payer system and not financed by taxes. government only bears the cost for the unemployed and children to some degree. also of note - in 2015 contributions were decreased from 15.5% to 14.6%, shared equally between employer and employee
morning, bear, atty and gracie!
(It's still a tax though. Paid by employers and employees).
Unless I missed it... did they mention the unemployed or retired?
The elderly (which is not the same as "retired")? How are very-old-age
in-a-home tended to?
While the subject is interesting and all that, I have not done muchOK, so now that Tibs posted links, and you've brushed up "over there"...
You CAN participate "over there", you know.
If you want, you can bring a therapy cat or something. Silly Putty might work
extracurricular reading. Mostly because MediCARE is in 2021 for me,
and any major changes for under-65 will probably NOT happen
before then. Guess it's that "hazard thing" kicking in. Now, if what
we know as "Traditional MediCARE for Over 65" is in for some kind
of overhaul, you'd have to just let me know and I'll read the words
right off the page.
I'd share the last 4 years of "ACA Bliss" which I've enjoyed (despite
the annual renewal problems), but that would be like slapping a
"JUST KICK ME" sign on my own back. Ain't going there. Uh-uh.
Nope.
(P.S. Your occasional mention of $100/mo MediCARE supplement
must be region-specific. Not finding that around here. My Dad's
is over $190 in 2019, but he also qualifies for an elimination of the
cost of the drug rider part. If I was MediCARE eligible this year,
that $190 would also hold true for me, with NO drug reduction.)
(P.P.S. I emphasize the CARE part because it amazes me how many
people do not know the difference between CAID and CARE. Those
polls of people all for MediCARE for all... I honestly wonder how many
of THEM know the difference and are responding properly.)
Sure, but it's also provider-specific. Amount of deductible, etc. You buy a plan on the market.
Another thing that would go bye-bye.
It would?!?!
Even for over-65? Words! I need to read WORDS!So the hypothetical $20,000 liability on a $100,000 operation is forgiven?
Hmmm... but how much would the MediCARE $-out-of-Social-Security
go up? Please don't say it wouldn't. The funds MUST come from SOME
place. And that is where I get hung up. Who - exactly - pays for this?
(We're getting Outside-ish here. We could go PM.)
not a tax money goes to the insurance fund you choose.
Nobody knows, it hasn't been decided yet.
The last version I saw redirected those same funds to the "new system".
But of course it will all change over time.
Go look for the fairly recent post that had one example-plan-bill (must have failed).
They taxed incomes, unrealized-income too (from investments), redirected existing revenue, added increased taxes for small businesses and people (progressive taxes), increased taxes on the top 5% of earners, etc.
But they covered everything with no co-pays. Had limited dental, etc. All paid for.
Dang it Tibs. I don't speak German, but if they mandate 14.x% of my income "Gets taken out and goes somewhere"....that's a tax.not a tax money goes to the insurance fund you choose.
OK OK.
It's an insurance payment/annuity investment. But it's not the same as social security. With SS, it's an annuity and if you live to collect it, you get the money.
With this, it's insurance premium. We all collectively contribute to "the plan" (but Germany has several I guess).
Oh no no no no no.
My investments were to assure me a comfortable and long (if needed)
retirement.
No no no no no. Uh-uh.
I'll stick with the current over-65 situation and pay $190/month. Or
whatever it is in 2021.
Thank you, anyway!
tax monies are being used to provide coverage for the unemployed. that usually amounts to about 4% of the total
surely that's a medigap plan and plan f which takes care of everything medicare does not pay. and that answers your question below
at least, nowadays