The following is really just a rehash or
summary of Robert Reich’s blog on the same subject.
The presidential candidates are going at
each other claiming the other side is going to destroy Medicare, which is very
scary especially for folk my age. Romney says Obama’s current plan will cut
$700 billion from Medicare. And though I have not heard Obama say it, Ryan’s plan
takes the exact same amount away from Medicare. So it’s a wash right? No!
Reich points out that the Affordable Care
Act cuts by reducing payments to drug companies, hospitals and the like and
leaves payments to Medicare recipients basically alone. The Romney-Ryan gets
its savings by turning Medicare into a voucher program which will not keep up
with increasing health costs thereby costing senior’s more, about $6,500 a
year. You can check the Congressional Budget Office for the data.
This is a major difference and people
should know it.
"Medicare into a voucher program which will not keep up with increasing health costs thereby costing senior’s more, about $6,500" ...and THEY talk about death panels....
ReplyDelete"a voucher program which will not keep up with increasing health costs"
ReplyDeletePredicted "increasing costs"... from an agency with a bad reputation at being able to predict anything.
But looking at your main objection, would you approve the voucher program if it were changed to keep up with any increasing costs?
I don't think I would like it, having dealt with
Deleteprivate health insurers my whole life, I find
medicare easier to deal with. Heck, I still carry supplemental health insurance out of pocket, and they change benefits, deductibles
and foreign phone banks faster than I can write
checks....
I'm with BB-Idaho; for profit health care is what it is, for profit. I'm paying plenty already.
ReplyDelete