Medicare Cost Per Enrollee in 2016: $12,800
How many Americans know what Medicare costs are? Almost none.
This table appears in the Medicare Trustees Report for 2017. Look in the lower right-hand corner.
Every day, 10,000 Baby Boomers reach age 65. On that day, they lose most of their healthcare insurance benefits. The policies cover only what Medicare does not cover, yet premiums continue to rise. This forces everyone into the Medicare program. This is why Medicare reform is politically impossible today.
Multiply 10,000 times $12,800. You get $128,000,000. This is the increase in the federal budget that takes place every day, 7 days a week.