Health Costs After 65: Ouch, Even With Medicare

Reader Comments
Back to blog

Once you reach 65 you are not allowed to contribute to an HSA and also enjoy Medicare. HSA's have not been around long enough for those of us on the cusp of 65 to have accumulated a great amount of money. My HSA Golden Rule are enticeing me to stay, without luck. they say if I take out medicare part A and B I only have to pay 1,441.50 per quarter. I now pay about $500.00 per month plus a $3000 deductable.

Gwen Mccord of FL 4:56PM June 05, 2008

We should all be saving all we can. Of course. But the reality is that most Americans do not have this kind of money and they will not have it no matter what they do. What they DO HAVE is voting power to enact health care policy that does not allow med-care and insurance corporations to vacuum up every cent from all families excepting those that already have multiple millions of dollars.
If the above-stated dollar predictions are true in the status quo, then I can assure you that universal care WILL be enacted in America. The only question is whether that is done sooner by a middle class while we still have one, or whether it is done later by a lower class that then includes most of the citizens.

Daniel David of NM 2:26PM June 05, 2008