Medicare, Baby Boomers and Health Insurance

I'm in the early wave of baby boomers. In a few years I'll be elligible for Medicare. Now I pay over $850 a month for an individual health insurance policy. I very seldomly see the doctor. When I begin Medicare, I'll drop the private policy. And even if I pick up a gap or supplementary policy from private insurance, it will be much, much less than I'm paying now. What happens to these blood sucking health insurance companies when they begin to see droves of us leaving them???

But I can't wait. As we boomers are aging, the insurance companies are definitely going to hurt. And I'm looking forward to it. I'm in the same position you are--expensive coverage and rarely need it. But I know the minute I give up the health insurance, something will happen!

these programs, so that when the baby boomers reach Medicare age, it will be useless to them even if it's still there forcing them to keep up their private insurance or do without medical care.

Fortunately, there are those of us who are working to get single payer universal health care at a state level with the hope that eventually the states will join together to make it national. It will take cutting our the middle men private insurers and HMOs though to make it effective.

Don't worry about the insurance companies. They will always find something else to insure. They won't go broke. Screw them and the horse they rode in on as far as I'm concerned anyway. If there was ever a parasitical way to make money it's insurance.

That's just shy of ten grand a year. Whew! Maybe you should see if you can find a cheaper policy, something with a $1,000 deductible and simply put the rest in your own medical savings plan.