What is Medicare voucher?
A voucher system would provide a set amount of money for each beneficiary to purchase private insurance – this would eliminate Medicare as we know it. Further, according to the Congressional Budget Office, the proposed voucher plan would double out-of-pocket costs for people with Medicare.
What is premium support model?
Premium support is a general term used to describe an approach to reform Medicare that aims to reduce the growth in Medicare spending by increasing competition among health plans and providing a stronger incentive for beneficiaries to be cost-conscious in their plan selection.Jul 19, 2016
Is Medicare a defined contribution plan?
The current Medicare program is considered to be a "defined benefit" program by virtue of its commitment to provide these specified services to all eligible persons.Oct 11, 2001
What did Mitt Romney say in 2012?
He said he supported the proposal made by Wisconsin congressman Paul Ryan, which, he believed, “is absolutely right on.”.
Who is Trudy Lieberman?
Trudy Lieberman is a longtime contributing editor to the Columbia Journalism Review. She is the lead writer for The Second Opinion, CJR's healthcare desk, which is part of our United States Project on the coverage of politics and policy. She also blogs for Health News Review. Follow her on Twitter @Trudy_Lieberman .
Why was Medicare created?
Medicare was created to provide reliable, affordable, comprehensive care for our grandparents and parents after retirement. It was a safety net for all. Under a voucher system, that safety net may only catch a handful of seniors — it is no longer provides piece of mind that we will all have healthcare in our golden years.
When was Paul Ryan's send off rally?
JANESVILLE, WI - AUGUST 27: The presumptive vice presidential candidate U.S. Rep. Paul Ryan (R-WI) shakes hands during a ‘Send-Off’ rally August, 27, 2012 in Janesville, Wisconsin. Ryan and presumptive presidential candidate and former Massachusetts Gov. Mitt Romney will be on their way to Tampa, Florida for the Republican National Convention. The convention was gaveled open August 27 and immediately recessed until tomorrow because of Tropical Storm Isaac. (Photo by Jeffrey Phelps/Getty Images)