Medicare recipients may end up buying into a Medicare supplement plan where they end up buying more coverage than they may think they actually need. The Medicare Set-Asides act as a sort of disaster insurance that go beyond the premiums that are typically associated with a Medicare supplemental plan. Medicare-Set Asides are something that are often often used in a workers compensation case where an elderly employee happens to get injured on the job and they are also eligible for Medicare coverage. The Medicare set-asides are something that can be asked for during a collective bargaining agreement. A union and its members can ask for Medicare-set asides during a collective bargaining agreement.
Employees who work for the federal government as a part of the Medicare system are of course going to be worried about Medicare’s long term solvency. A Medicare trustee is of course going to recommend that an employee who happens to get injured on the job is going to not ask the Medicare system to shoulder the entire burden of the problem. You can understand the need to buy things like Medicare supplemental insurance in case of a serious injury like this. You also have to remember that there are millions of people who are dependent upon Medicare services.
The possibility of someone who does not work, needing a large sum of Medicare-set asides is highly unlikely. These Medicare set asides are not truly required, they are just a good idea if a consumer does not want to burden the Medicare system too much and they tend to care about the federal deficit and debt issues. If you are not working however, it is unlikely that you will end up having to look into Medicare set asides, certainly not on a regular basis.