My recommendation here is that any individual who has a total fair value
of all his non-retirement net assets of between $5 mil and $10
mil at the
end of any year gets his Medicare Benefits reduced in the following
year. This Medicare Benefit reduction includes among other items higher
copays, higher deductibles, and higher medicare government
insurance premiums.
And for any individual who has a total fair value
of all his non-retirement net assets of $10 mil or more at the end of any year gets his Medicare
Benefits reduced by significantly more in the following year than one
with total assets of between $5 mil and $10 mil. This Medicare Benefit
reduction includes among other items even much higher copays, even much
higher deductibles, and even much higher medicare government insurance
premiums.
Given the $16 trillion of US Debt, this is a fair and wise way to reduce US Government spending.
