Will Medicare Be There When I Retire? 
The answer is probably `` yes '' . Medicare is `` too big to fail '' . Working taxpayers paid for Medicare with payroll taxes for years and expect Medicare to be there when they retire . Medicare will survive , but do n't expect it to be anything like the current plan . You will pay more in taxes while you are working , higher premiums , deductibles and out of pocket once you are covered by Medicare . 