Thread: Public Pensions
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WhoWee
#29
Nov13-11, 11:33 AM
P: 1,123
Quote Quote by russ_watters View Post
Interestingly, it shows how big of a problem Medicare is, with the pay-out to pay-in ratio being much higher than SS. Both show a lean to the left, but the SS part (figure 2) is about 1.3:1 for low income earners and a touch under 1.0:1 for high income earners.

For medicare, as one would expect, the ratios are much more tilted due to the fact that the pay-in is tied to your income, but the pay-out is not.
Original Medicare (Parts A & B) is the FFS or Fee For Service and MA means Medicare Advantage (Part C).

http://www.ama-assn.org/ama1/pub/upl...ac_mafacts.pdf
"> The Congressional Budget Office reports that
21 percent of MA spending goes to plans that
are paid from 120 percent to greater than 150
percent of FFS costs"