Will Obamacare Raise My Medicare Premium?

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   1805 POINTS

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   Samuel Smith

   Enrolled Agent-licensed to practice before the IRS, Samuel N Smith, EA, South Carolina

   ObamaCare Insurance was to be structured in where the young applicants pay a higher rate than the elder applicants so as to have the young paying a higher premium than would be the case if they could just apply directly to an insurance company for the coverage. That shows what the incompetence level of the "designers" of ObamaCare was. We already know we have "social security" that was designed where the young would be paying into the system, each required to accumulate 40 quarters of premiums paid, and how many times have the "legislators" been required to make adjustments to social security to keep it solvent.
   As you can see your premiums would depend on where you fall in that scheme-if you are young your premiums would ber high, if elder your premiums lower.

   Answered on November 21, 2013

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