Thursday, May 7, 2009

20/20 John Staussel Reports on "Medicare Greed"

I had to comment on this "teaser" article I just read on ABC news regarding Medicare use by "ritzy" senior citizens.

If the article is true and the seniors they interviewed do live in these $350K to $500K a year "communities", why are they still using medicare? 

John Staussel is doing an In-depth report this Friday on the subject. The seniors say they do get payments from medicare for what's allowed... 

The question then becomes, do they need Medicare? should there be a "top income" limit after retirement to who gets government benefits that they clearly don't need? 

I can't wait for the show :) here's the link to the ABC site:



No comments:

Post a Comment