Saturday, August 18, 2012

Understanding A President Who Claims Cuts “Strengthen” Medicare, Payments To Hospitals Are “Waste,” And Insurance For Seniors Is A “Subsidy”

A clip from a Romney campaign Memorandum

So to be clear, Mitt Romney and Paul Ryan have the same vision for the future of Medicare. The plan put forward by Governor Romney in November 2011, and the bipartisan one put forward in December 2012, take the same approach that (a) makes no changes to Medicare for those over 55; (b) starting in 2022, transitions Medicare to a premium support model with competitive bidding to determine support levels, (c) offers traditional Medicare as an option competing in that system, and (d) means-tests the premium support so that lower-income seniors receive the most generous assistance. 

Read the whole thing for the impact on ACA’s hit on Medicare for 8 Billion.

No comments: