Is Paul Ryan’s Medicare plan good or bad for seniors?
Paul Ryan’s (R-WI) plan for Medicare would save costs to the federal government at the expense of senior citizens by fundamentally restructuring this defined benefit entitlement to a defined contribution. Is it good or bad? Ask the voters.
Does the Ryan plan increase out-of-pocket costs for Medicare enrollees?
However, by shifting from a defined benefit to a defined contribution, the Ryan plan greatly increases the out-of-pocket expenses for Medicare enrollees and increases the per-enrollee cost of care.
Why is Medicare being targeted?
Medicare is being targeted by key congressional leaders for a sweeping set of changes that would dramatically increase healthcare costs for seniors and ultimately leave them paying more for their healthcare while getting less.
Who proposed cutting Medicare?
Perhaps the most visible plan to cut Medicare is the one endorsed by House Speaker Paul Ryan, which would eliminate the guaranteed level of coverage that Medicare currently provides — e.g., covering hospital care and 80 percent of the total cost of doctor visits — and replace it with “vouchers” with which seniors would be directed ...
