Will Medicare Insurance Premiums Increase?
- 1805 POINTSview profileSamuel SmithEnrolled Agent-licensed to practice before the IRS, Samuel N Smith, EA, South CarolinaAs most are aware the current adminsitration has chosen to raid the medicare trust fund and use monies from the medicare fund to pay for ObummerCare. Will that cause Medicare insurance premiums to increase and more importantly will it cause higher deductibles and higher copays and decrease in coverage amounts? The answer is that is exactly what will happen. It should be illegal for some politician to raid an entitlement trust fund that was approved by "congress" in prior years and the citizens have been contributing to the program because they trusted the "government" to be honestAnswered on November 24, 2013flag this answer
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