Reply #38: No they aren't, the next generation that is required to pay [View All]

[ipaint]

covers their care. That generation can't put those dollars anywhere but in the medicare pool. Again no competition. Of course that's assuming everyone gets to retire at medicare age. Not the case.

If someone retires who has paid into the system doesn't want medicare but something else they don't get their money back. Medicare isn't competing because those dollars spent on private insurance by someone over the age of eligibility for medicare, wouldn't be medicare's anyway.