Originally Posted by
flowerseverywhere
If Medicare is cut many people over 65 are going to struggle. We have an hmo, so no extra premium but of course we are limited. With bc/bs we have a huge selection in my area so I don’t worry. You pay for Medicare like any other plan, but there are strict guidelines about what they cover.
social security is the main source of many people. Pensions are largely gone or greatly reduced. So it is up to people to have 401k, paid for house etc.
the problems arise if you are a mid to low income worker, someone in the family is sick or disabled, you were downsized, got caught up in the 2008 housing mess, as well as other factors beyond your control.
I’ve got to say, in my mid 70’s there are many jobs I can no longer do, and I am healthier and ,ore active than the majority of my peers. Like standing on my feet for hours, lifting heavy things, working long hours and so on. I’m not sure what would happen to old people if there were significant cuts.