Failure of Congress to pass the future deficit-reduction package would automatically trigger cuts to defense spending and Medicare. An aide familiar with the deal said the Medicare cut would not affect beneficiaries. Instead, healthcare providers and insurance companies would see lower payments.
Now one must remember that you must take Medicare at 65, or forfeit it forever, and if perchance you do then your providers must accept what they get paid. Now if Congress slashes payments you lose your providers because you are not allowed by law to pay them any more than what Medicare states.
Now if they reduced the payments but allowed you to make up the difference that is one thing. But these characters have let loose the hounds of hell! Everyone over 65, almost everyone, is caught in this debacle.
Just pay what you will but make it legal for us to make up the difference!
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