Thursday, May 19, 2011

Why Paul Ryan's Medicare Plan Failed

Republicans decided to walk away from the Ryan plan that Newt Gingrich called unacceptably "radical" because GOP pols saw the polling math and everyday people did the health care cost math.

The non-partisan Congressional Budget Office found that if adopted, seniors would see their share of medical expenses nearly triple:

"For example, by 2030, typical 65-year-olds would be required to pay 68 percent of the cost of their coverage, which includes premiums, deductibles and other out-of-pocket costs, according to the CBO. They'd pay 25 percent under current law, the CBO said."
Does the next generation of oldsters sell off their possessions, declare bankruptcy, and fall back on relatives to pay their bills once they have burned through the insubstantial voucher Ryan wants them endorse over to a private insurer - -  or ask to be carted into the country somewhere and left on the hill to die?

Nah. They'll just vote Democratic next year.

1 comment:

Hamster said...

where can you find details about the Ryan Plan?