QUOTE
"This is the 80-year-old man calling about Medicare. I paid for my medicine and everything out of Social Security. That is true. We did not have any insurance or medicine until here lately we got prescription drugs. And I've been retired for 17 years. I've been paying for my medicine out of my Social Security check. And the doctors, Medicare paid 80 percent when they thought it was necessary; if not, then I had to pay it out of my Social Security check. So, somebody better get something straight
Is it just me or has this 80 yr old been in the Mail Call alot lately. I think we should set him straight.
The actual cost of medical insurance for an individual $4,024.00 of which an employee paid $2,703.00 and the employer the rest. Therefore, his $88.00/mo is just his portion of the annual premium = $1056.00 We, the taxpaying employed public pay the rest ==see your paystub.
And our policies pay 80% of UCR--what the insurance carrier considers reasonable & customary fees and the insured person pays the difference as well as a co-pay per visit, and per prescription. And the UCR means they only cover treatment they consider needed and not elective or new-not proven types of treatment...so he is getting a bargain compared to the rest of us.
I guess I just get tired of the entitlement mentality and the I am paying my way myth being perpetrated....