Medicare Buy-In at 50
Big Picture Retirement®
Devin Carroll
4.7 • 546 Ratings
🗓️ 18 March 2019
⏱️ 29 minutes
🧾️ Download transcript
Summary
"Medicare for All" has been in the news a lot lately. Senator Bernie Sanders thinks insurance companies should be abolished and everyone should get Medicare.
So this week, Devin and John talk about the pros and cons of different ideas about expanding Medicare coverage to folks of lower ages.
For more information, visit the show notes at https://www.bigpictureretirement.net/110
Transcript
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| 0:00.0 | The Big Picture Retirement Show does not provide specific tax, legal, or financial advice. |
| 0:05.1 | Listeners are encouraged to seek out their own advisors in these areas. |
| 0:12.9 | Hello, everyone. Welcome to The Big Picture Retirement Show. |
| 0:16.1 | This is the podcast for anyone who is planning for or living in retirement. |
| 0:22.5 | I'm Devin Carroll, joined today by John Ross, my co-host. Howdy. All right, John, Medicare for all. It's been in the news |
| 0:32.4 | recently. Senator Bernie Sanders has announced that he is running for president, and he thinks it's a fantastic idea to abolish private health insurance companies and go with Medicare for everyone. |
| 0:46.3 | How he's going to pay for it, he hasn't said yet. |
| 0:48.3 | Right. |
| 0:49.4 | Except for the obligatory will raise taxes on the rich. |
| 0:53.0 | It's time that they pay their fair share. |
| 0:54.5 | Sure, of course. So we have that, but not a lot of other detail. So I know this notion of |
| 1:00.2 | universal health care has been out there for a while, but I'll have to admit, it does seem like |
| 1:06.4 | lately we've been hearing more about it. Well, and of course, we're going to roll into another election season. |
| 1:14.2 | You're going to get more and more of those sort of things, lots of that sort of talk. |
| 1:19.0 | And, you know, Bernie and some of the other, I don't know, I forget how many Democratic candidates |
| 1:24.6 | have thrown their hat into the 2020 election ring so far. I think it's |
| 1:29.8 | 40 or 50 or something like that. |
| 1:33.9 | Is it really? I haven't given up. Okay. It's a bunch, though. There are a bunch. And some of them |
| 1:40.9 | with just unpronounceable last names. Right. And you really ought to know that if you have an unpronounceable last name, you're just not going to win. No, probably not. We're a simple folk. That's right. We just don't like weird names. No, not at all. Not in our politicians. But anyway, particularly, I think you're getting a lot of that, you know, |
| 2:01.2 | healthcare has been an issue. It was a popular issue with the Obama campaign originally. And so |
| 2:07.6 | you can see a lot of success from that. And so as a politician, you figure healthcare, big issue. |
| 2:13.2 | Let's throw out some big ideas for health care since that's a, you know, one of those top items. |
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