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Ethan Rome

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Romney Won't Take Medicare -- How 1% Can You Get?

Posted: 03/13/2012 9:22 am

In case anyone in America didn't know, Mitt Romney is rich. So rich, in fact, that yesterday on his 65th birthday, he announced that he's not planning to sign up for Medicare.

I'm not sure what Romney's trying to prove, but what his action says is clear: I'm not like the Americans who enroll in Medicare. I'm special. I'm rich. I'm better than you.

Ask yourself: If Romney doesn't need or want Medicare for himself, will he protect it for the rest of us who do? Of course not. Instead, he'll continue to support the Republican plan to eliminate Medicare as we know it. He'll work to turn Medicare into a voucher program that will saddle seniors with thousands of dollars in out-of-pocket health care costs. Because, after all, what senior can't afford to spend an extra $6,400 a year on doctors and hospitals?

Romney's support for eliminating Medicare as we know it is serious. Along with Medicaid and Social Security, Medicare is the foundation of economic security for America's seniors and families. It allows middle-class people to retire with dignity and the knowledge that they will have health care when they need it. Medicare is part of ensuring that everyone gets to share in America's prosperity.

Before Medicare, seniors were left at the mercy of the private market and therefore virtually uninsurable. Without insurance, even brief hospital stays could impoverish them. The result was that the elderly went without the care they needed -- unless their families were rich. Most seniors were one illness away from bankruptcy.

The concern that Mitt Romney is out-of-touch is a real one, not just because he's insulated from the day-to-day financial struggles that 99% of America's families have to deal with. The problem is that he self-selects into the 1% every chance he gets.

 
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In case anyone in America didn't know, Mitt Romney is rich. So rich, in fact, that yesterday on his 65th birthday, he announced that he's not planning to sign up for Medicare. I'm not sure what Romn...
In case anyone in America didn't know, Mitt Romney is rich. So rich, in fact, that yesterday on his 65th birthday, he announced that he's not planning to sign up for Medicare. I'm not sure what Romn...
 
 
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10:02 AM on 03/15/2012
It's my understanding that you can't receive Social Security benefits if you decline Medicare. And if were receiving Social Security benefits before you turned 65, you must repay that money if you don't take Medicare. Some members of Congress already tried to get around this and were unsuccessful.

Anyway, I don't think it's very easy to find private health insurance if you are eligible for Medicare. Perhaps Romney is planning on being self-insured?

This is my second attempt to comment... my first attempt was summarily rejected.
09:50 AM on 03/15/2012
It's my understanding that if you choose not to take Medicare, you cannot receive Social Security benefits and if you started receiving SS benefits before you were eligible for Medicare, you must repay those SS benefits if you decline Medicare at 65. If that's true, MR isn't taking SS benefits either.

Some members of Congress already tried to get around this. Anyway, try to find private health insurance for someone eligible for Medicare... I don't think it's very easy, even for someone with lots of money. Perhaps MR is planning on being self-insured?
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akitadave
07:33 AM on 03/15/2012
Medicare is a social program for citizens commited to the common good. It comes as no surprise that Romney would shun the program. Romney is a greedy selfish man.
11:22 PM on 03/14/2012
It's one thing to be concerned about Romney's plans for Medicare, but saying something like this is just plain nuts:

"I'm not sure what Romney's trying to prove, but what his action says is clear: I'm not like the Americans who enroll in Medicare. I'm special. I'm rich. I'm better than you."

If Romney has piled up enough money that he doesn't need to sign up, why on Earth would you want him to sign up? That much more money for those that haven't. Saying something that stupid just undercuts the rest of Rome's argument.
05:03 AM on 03/14/2012
Romney made an unbelievable political mistake and has most likely just lost the senior vote. That being said, I have not seen enough information to explain the whole situation:
1. Did he not sign up for Medicare Part A because he never paid any Social Security taxes? If that is the case, he would have to pay full price -- $450 a month -- for really bad insurance. If so, turning it down makes financial sense (but still terrible political judgement).
2. Did he pay 10 years of SS? If so, Part A is "free?" Why not sign up? ("Free" is in quotes because you have to pay tens of thousands of dollars over your working life.)
3. "Full retirement age" now is 66 or more. Many of us do not take Part B until we retire because we still get ESI (but it's still a smart idea to sign up for "free" A as soon as eligible)
4. But I've never read that he's still employed. So whose providing his private insurance?
5. The one thing I don't think he can be doing is buying it as an individual. We have a law here in Massachusetts called, unfairly, RomneyCare. I think it says that you can't buy individual private insurance in Massachusetts over 65 except for policies called Medigap policies. And you can't buy Medigap if you don't have Medicare.

And you have to have insurance in Massachusetts
09:24 AM on 03/14/2012
well, he does have more money than the majority of us.
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Dodger300
Critical analysis please, not just talking points
10:01 PM on 03/13/2012
I would be a lot more impressed if instead of foregoing Medicare, Romney would volunteer to give up all of the tax breaks he gets.
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larmarch5
06:20 PM on 03/13/2012
Did he ever receive a salary from which Medicare taxes are deducted? I think his earnings may have been so sheltered from taxes that he avoided paying into the program. Nice deal if you can inherit it.
05:53 PM on 03/13/2012
What a load of Rubbish!
If the wealthy can afford not to take Medicare, why should they use the precious dollars needed by the likes of you and I.
I think it shows he does value Medicare. This is a considerate act not one against Medicare. If he does apply later, well, that blows the article anyway.
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Awake-and-Sing
named after a great play written by Clifford Odets
03:23 PM on 03/13/2012
The hidden issue that has not been addressed this campaign but will be, is Romney's support for the Ryan plan to END Medicare to finance even more gigantic tax cuts for corporations and billionaires. Romney also supports destroying Social Security through privatization.

Right now the Republicans are shooting themselves in the foot with their war on birth control, but the Ryan budget that every Republican voted for is a powerful issue and I cannot wait for those television ads to start running.
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chadizzy
03:13 PM on 03/13/2012
Someone who is self sufficient should be applauded by this nation not ridiculed! Your attack is very sad and completly wrong!
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Awake-and-Sing
named after a great play written by Clifford Odets
03:24 PM on 03/13/2012
Social Security and Medicare are insurance programs. Do you really want to accuse people who've been paying into these programs and are now collecting as not being self-sufficient?

Actually, please do, all the way through November.
03:00 PM on 03/13/2012
Is this a joke?
09:26 AM on 03/14/2012
yeah, the report is.
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RDWidner
A Libertarian by nature. A free man by act of God.
03:00 PM on 03/13/2012
Wow, talk about damned if you do or damned if you don't. Had he signed up for Medicare the story would have been look at that 1%er taking public funds when he doesn't need them. I am pretty sure that no matter what a Republican does you guys can find a problem with it.
09:26 AM on 03/14/2012
man, do you have it right.
timber1647
It's either sadness or euphoria
02:27 PM on 03/13/2012
I didn't think signing up was an option. In any event, it just proves that anyone with a net worth similar to that of Mr. Romney's should not be eligible for medicare coverage. It's called means testing and it is long overdue.
03:00 PM on 03/13/2012
Exactly. I'm not sure how this author spins Romney not signing up for Medicare as a bad thing? People who don't need it SHOULDN'T sign up for it ! Does this author know who is paying for it? Us.

It should be means tested.........available to those who need it. The fact that most rich people are taking it too is not an attractive aspect to Medicare.
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vietveter
To the FAR LEFT
02:12 PM on 03/13/2012
He could donate his coverage to my wife,

we have to save-up so she can see the Dr.
02:10 PM on 03/13/2012
If this is the best criticism you can come up with, then Romney is a shoo-in this November!
timber1647
It's either sadness or euphoria
02:28 PM on 03/13/2012
It isn't and he isn't.
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Awake-and-Sing
named after a great play written by Clifford Odets
03:25 PM on 03/13/2012
It doesn't even start to begin the firestorm Romney will receive. It will make this primary look like a cakewalk.

Let's start with his support for the Ryan plan to END Medicare to finance even more gargantuan tax cuts for billionaires and corporations already sitting on oceans of cash.