Subject: Re: The envelope please
Both of our net Social Security went down when our Medicare is deducted. While we take vanilla Medicare A & B & D with a high deductible medigap plan G+, we get additionally pinged on the Medicare payments due to income level.
True I give up free eyeglasses and subsidized dental work, but we can see any doctor or specialist we want (no networks required) and don't have a cap on expenditures. Why high deductible medigap? Simple - in round numbers it has a $2,700 deductible in return for a $2,500 lower premium. So my maximum incremental loss is $200, but we haven't spent $1,000 out of pocket per year, so far. So, in return for the periodic angst of continually paying out of pocket, we garner substantial savings.
The guys running the show right now could care less about Social Security and likely only keep it around because they can't figure out how to kill it without losing too many votes. The same is true when it comes to the accuracy of the formula we are using to calculate inflation.
Jeff