As I approached my 50th birthday, I received 15-20 applications to join AARP from my co-workers. I assumed they were just being children. However, on my 65th birthday, I received a notice from my insurance carrier telling me they were no longer my primary insurer but they would like to be my supplemental carrier. SSA sent a companion notice within the month. The same phenomenon occurred when my wife reached 65.
Within the notice was the fact that our Medicare premium would be subtracted from our SS checks. Most of our SS contribution comes from our self employment tax payment and my wife’s small business income was small. Our “contributions” were $96.40 each in 2011, rising to $104.20 in 2012, $120.20 in 2013 and $247.00 in 2014. It is comforting to know that candidate Obama said Obamacare wasn’t going to cost us any more.
We are even more comforted to know that the Independent Payment Advisory Board will judge the benefit/cost ratio of our health care and determine our eligibility. It is important to know that I had a type IIIB aortic dissection. The Merc Manual said I had an 8 percent chance to last to 2007. Since I am past my “use by” date, I have to say I want Obama Care repealed.
My consolation comes from my co-workers who tell me, “Only the good die young. You should go at least to 120-125.” Perhaps, from the mouth of children.
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Richard W. Lemke