Under the guise of reducing the federal budget deficit, Congressional Republicans and their like minded cronies in various state houses are out to return the USA to the worse excesses of the so-called "Gilded Age" when the robber barons and incredibly wealthy had the good life and everyone else was pretty much left to their own devices and all too often poverty and early deaths. Unfortunately, too many in the voting public are ignoring the details of what the GOP agenda truly entails and some - such as those who continue to fall for the GOP "family values" bullshit - may well vote against their own self-interest and the interests of all but the obscenely wealthy. The GOP's plan to destroy Medicare is a prime example. Yesterday's New York Times takes a good look at the GOP plan versus the Democrat plan - it should be required reading for all seniors and their families. Here are some highlights:
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We know it is not how most people want to spend their time, but Americans need to give a close reading to the Democrats’ and Republicans’ plans for Medicare reform. There are stark differences that will profoundly affect all of our lives — and clear political choices to come.
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During last year’s Congressional campaign, Republican leaders claimed to be Medicare’s stalwart defenders — conveniently ignoring their historical animosity toward the program. Older voters overlooked that history and flocked to the party in large numbers. Now the Republicans have embraced many of reform’s changes for Medicare — without, of course, advertising their flip-flop.
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One of the biggest differences, under both parties’ plans, would be a large reduction of unjustified subsidies to private Medicare Advantage plans that serve 11 million of Medicare’s 46 million enrollees. Last year, those plans were paid 9 percent more per enrollee, on average, for coverage comparable to what traditional Medicare would provide. By eliminating most of the subsidies, the Democrats hope to save $136 billion over 10 years. The Republicans plan to cut only $10 billion less.
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House Republicans would make another deep cut — definitely not in the Democrats’ plan — that would hit many current and future Medicare users hard. The reform law provides subsidies to help close a gap in prescription drug coverage, known as the doughnut hole, that poses a hardship for millions of patients who need lots of medicine and often cannot afford to pay for it. The Republicans would repeal that subsidy.
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The differences get even bigger over time. President Obama wants to retain Medicare as an entitlement in which the federal government pays for a defined set of medical services. The Ryan proposal would give those turning age 65 in 2022 “premium support” payments to help them buy private policies. There is little doubt that the Republican proposal would sharply reduce federal spending on Medicare by capping what the government would pay at very low levels. But it could cause great hardship by shifting a lot of the burden to beneficiaries. The Congressional Budget Office estimates that by 2022 new enrollees would have to pay at least $6,400 more out of pocket to buy coverage comparable to traditional Medicare.
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We were skeptical when the Republicans suddenly claimed to be Medicare’s great defenders. We are even more skeptical now that we have read their plan. We are also certain that repealing reform — the Republicans’ No. 1 goal — would do enormous damage to all Americans and make it even harder to wrestle down health care costs, the best way to deal with the country’s long-term fiscal crisis.
*
We know it is not how most people want to spend their time, but Americans need to give a close reading to the Democrats’ and Republicans’ plans for Medicare reform. There are stark differences that will profoundly affect all of our lives — and clear political choices to come.
*
During last year’s Congressional campaign, Republican leaders claimed to be Medicare’s stalwart defenders — conveniently ignoring their historical animosity toward the program. Older voters overlooked that history and flocked to the party in large numbers. Now the Republicans have embraced many of reform’s changes for Medicare — without, of course, advertising their flip-flop.
*
One of the biggest differences, under both parties’ plans, would be a large reduction of unjustified subsidies to private Medicare Advantage plans that serve 11 million of Medicare’s 46 million enrollees. Last year, those plans were paid 9 percent more per enrollee, on average, for coverage comparable to what traditional Medicare would provide. By eliminating most of the subsidies, the Democrats hope to save $136 billion over 10 years. The Republicans plan to cut only $10 billion less.
*
House Republicans would make another deep cut — definitely not in the Democrats’ plan — that would hit many current and future Medicare users hard. The reform law provides subsidies to help close a gap in prescription drug coverage, known as the doughnut hole, that poses a hardship for millions of patients who need lots of medicine and often cannot afford to pay for it. The Republicans would repeal that subsidy.
*
The differences get even bigger over time. President Obama wants to retain Medicare as an entitlement in which the federal government pays for a defined set of medical services. The Ryan proposal would give those turning age 65 in 2022 “premium support” payments to help them buy private policies. There is little doubt that the Republican proposal would sharply reduce federal spending on Medicare by capping what the government would pay at very low levels. But it could cause great hardship by shifting a lot of the burden to beneficiaries. The Congressional Budget Office estimates that by 2022 new enrollees would have to pay at least $6,400 more out of pocket to buy coverage comparable to traditional Medicare.
*
We were skeptical when the Republicans suddenly claimed to be Medicare’s great defenders. We are even more skeptical now that we have read their plan. We are also certain that repealing reform — the Republicans’ No. 1 goal — would do enormous damage to all Americans and make it even harder to wrestle down health care costs, the best way to deal with the country’s long-term fiscal crisis.
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