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All bottom lines result in the question, how will this affect me?
My wife and I have spent two lifetimes working to insure that we would have adequate health care coverage in our retirement, resulting in our being over insured. In my case triply and in my wife’s, doubly. And when she becomes eligible for Medicare, she will also be triply insured.
It’s sometimes amusing watching the various insurance plans vying to see which one will pay, and how much, but that aside; how does the health care reform act affect us?
A half trillion dollar cut in already overextended Medicare, and the threat of an extra tax on “Cadillac” policies, to pay for insurance for 32 million people who have not spent their lives securing their golden years threaten two of my three hard earned safety nets. That’s how!
I’m reminded of Aesop’s fable of the ant and the grasshopper. It would seem that I’m the ant!
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