October 16, 2012
WHICH IS HOW YOU DRIVE COSTS DOWN:
Study Shows Higher Costs for Seniors with Premium Support (MERRILL GOOZNER, 10/16/12, The Fiscal Times)
Nearly six out of ten seniors on Medicare would have paid higher out-of-pocket costs for insurance had the government adopted the premium support plan offered last year by Rep. Paul Ryan (R-Wis.) and endorsed by Republican nominee Mitt Romney, a new study shows.The Kaiser Family Foundation used the third and most generous premium-support proposal offered by the Republican Party's vice presidential candidate, which was co-authored by Sen. Ron Wyden (D-Ore.). Under premium support, the government gives seniors a fixed amount of cash to buy insurance policies on the private market.
Making consumers pay out of pocket is the whole point.
Posted by Orrin Judd at October 16, 2012 7:09 PM
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