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Medicare was created in 1965 because when someone retired, insurance companies refused to provide health insurance for many seniors. Those who were able to buy health insurance, paid up to three times the rate of others. This issue was the number one cause of poverty for senior citizens. (Ryan wasn't born yet and so he has no clue).
Quote:
Before Medicare's creation, only half of older adults had health insurance, with coverage often unavailable or unaffordable to the other half, because older adults had half as much income as younger people and paid nearly three times as much for health insurance.
Since Ryan's plan would presumably give vouchers of the same value to all seniors regardless of income, the wealthy ones would be able to supplement the voucher and buy better and more expensive healthcare insurance.
Leaving the not-so-wealthy to buy inferior plans or apparently they can still stay in Medicare.
So there would be two levels of healthcare for seniors based on how wealthy they are.
When people use the word 'senior' it usually refers to people 65 or older and sometimes people 55 or older.
The Ryan PLAN, if adopted, will not affect anyone 55 or older. Therefor, 'Ryan's medicare plan viable for seniors' is incorrect.
When people use the word 'senior' it usually refers to people 65 or older and sometimes people 55 or older.
The Ryan PLAN, if adopted, will not affect anyone 55 or older. Therefor, 'Ryan's medicare plan viable for seniors' is incorrect.
This is true in a sense. Because it won't affect current seniors, but of course we all know that voucherizing Medicare will affect any senior that comes down the pike.
When people use the word 'senior' it usually refers to people 65 or older and sometimes people 55 or older.
The Ryan PLAN, if adopted, will not affect anyone 55 or older. Therefor, 'Ryan's medicare plan viable for seniors' is incorrect.
Unless you die early, everyone will become a senior.
"Leaving the not-so-wealthy to buy inferior plans or apparently they can still stay in Medicare."
Will there be a Midicare option under the Ryan plan? If so, will the voucher cover the entire cost of the Medicare option for everyone?
Medicare will continue to exist for people who are currently 55 or older or are currently on disability. They would also have the choice of switching to the voucher system if they wanted to.
For others, the eligibility age for medicare will be raised to 67. And they will not be enrolled in Medicare, but will receive a voucher that they can then use to purchase health insurance from private health insurance companies.
Of course, the Affordable Care Act would also be repealed in the Ryan/Romney plan, so I don't know how they would be able to force the private insurance companies to take seniors with pre-existing conditions, which is a large percentage of seniors.
I read up on it more, and it turns out wealthy people would get less of a voucher than those with lower incomes. People at poverty level would get 100% of the voucher.
However the non-partisan Congressional Budget Office in its review of the Ryan Medicare/Medicaid plan says:
"Under the proposal, most elderly people would pay more for their health care than
they would pay under the current Medicare system. ......
Medicare beneficiaries participating in the new premium support program would bear a much larger share of their health care costs than they would under the current program."
When people use the word 'senior' it usually refers to people 65 or older and sometimes people 55 or older.
The Ryan PLAN, if adopted, will not affect anyone 55 or older. Therefor, 'Ryan's medicare plan viable for seniors' is incorrect.
That goes without saying. I am referring to those who would have previously qualified for Medicare at the time Ryan's plan would be implemented for them.
The way Medicare is now it will go broke soon. It needs to be changed if we want to keep it. At least the Republicans acknowledge it and are not ignoring it.
Sounds like a great/horrible plan but maybe we won't know all about it until after its passed.
Sound familiar?
But that's OK when it's Obamas plan, isn't it?
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