One of the things I’ve wondered about is the big picture regarding Covid-19. Somewhere out there, people are calculating the “savings.” But I’ve seen nothing of it in the press. It must have occurred to others that the target population for Covid mortality is largely the Social Security crowd. Retirees. I ran some numbers–it’s easy. You can do it in just a couple of minutes.
Assuming that we’re probably at 200,000 deaths now (the official numbers are a bit lower, but there’s a nodding acceptance that we’re not including all the Covid deaths.) Figure about three quarters of them are seniors…with complications and co-morbidities. Those folks are collecting Social Security and they’re on Medicare.
If they average $1,000 per month in SS benefits (again, I’m picking a lower number, intentionally), then it’s 150,000 times $1,000, times 12 (for an annual number.) Do the math. It’s staggering. That number doesn’t address the savings in Medicare (which must be amortised to first cover the averaged $46,000 expense per Covid case.) And that’s for immediate deaths, so far. Estimates on senior Covid fatalities indicate that, on average, they’d have lived another 9 years, but for the pandemic.
Experts are saying our mortality numbers could easily double if we don’t take social distancing and hygeine protection (masks and hand-washing) seriously. Honestly, I don’t see evidence that the general population is taking adequate precautions. Many others will survive the actual illness, but ultimately die earlier, because of the damage done to lungs and hearts. One wonders if the government has dragged it’s feet, not out of incompetence (though there’s plenty enough of that) but leveraging the savings and relief from the burdens of supporting an aging population.
I’m not a conspiracy kind of gal, but I read a lot about Covid-19, and I am curious that no publication has noted the potential budget-balancing “upside” of the pandemic. Not one. Is this the Social Security solution?
What’s up with that?