Medicare was built by passing on an individual retiree’s healthcare costs to the pool of current taxpayers. However, the increased cost of healthcare has created a system out of balance.

 

“An average couple retiring today has paid just a little bit over $100,000 in Medicare taxes over the course of their working lives, what they receive is about $300,000 in benefits – even after adjusting for inflation,” – Eugene Steuerle, former Treasury Department official.

With the Affordable Care Act introducing 32 million uninsured Americans, pressure mounts to make ends meet.

 

Source: http://healthblog.ncpa.org