[Report Abuse]
[Login to Blog] PoliticsNation's Blog
Romney and Ryan Medicare Plan..
Last comment by PoliticsNation 2 years, 1 month ago.

Take Me To Post Comment Form

Romney-Ryan Medicare Plan Would Cost 29-Year-Olds $331,200: Report

If Romney becomes president and repeals the Affordable Care Act as promised, then retirement would cost $11,100 more for the average 65-year-old and $18,600 more for the average 55-year-old because of higher Medicare premiums and drug costs, according to a report from Harvard economist David Cutler, an Obama care architect, and the Center for American Progress.

What's more, seniors on Medicare who depend on Medicaid would need to pay more than $2,500 more per year because of planned Medicaid cuts.

Romney's plan would cost younger Americans even more, since Romney and Ryan want to turn Medicare into a voucher system for Americans under 55 for when they qualify for Medicare. The report estimates that 48-year-olds would have to pay $124,600 more for Medicare during retirement under Romney's plan, 39-year-olds would have to pay $216,600 more during retirement, and 29-year-olds would have to pay $331,200 more during retirement in total. That's because the vouchers would not keep up with rising health care costs. For those 29-year-olds, the extra costs would consume 62 percent of their lifetime Social Security benefits.

Romney's plan also would make health care more expensive for the seniors that need it the most. Since healthier seniors would likely choose private insurance plans, which would be cheaper for them, the sicker seniors that opt for traditional Medicare would be forced to pay an estimated $29,000 more during the course of their retirement, according to the report.



Latest Activity: Sep 22, 2012 at 7:49 AM


Bookmark and Share
Forward This Blog
Print Blog
More Blogs by PoliticsNation
Send PoliticsNation a Message
Report Abuse


Blog has been viewed (488) times.

JimmyMack commented on Monday, Sep 24, 2012 at 11:18 AM

You are positively on point PNation. Romney-RYANS budget is a disaster in the making.

We've got to get the turnout tho to stop these people. We've got to get the message to Seniors, middle class, and the voting youth.

Bus systems, vans and even automobile rides need to be in place to take like minded people regarding the disaster to the polls; early voting info is a must. No long lines. In and out.

We MUST STOP CONSERVATIVE REPUBLICANISM.

up2sumptin commented on Monday, Sep 24, 2012 at 11:54 AM

Sorry Jimmy but Obama's plan isn't any better. Neither have any longer range plan to fix the Medicare problem. They are just patching a leaky boat and neither patch will hold. If Obama has a viable plan, he needs to come forward now instead of attacking Romney so we don't look at how shaky he is on this subject. BTW, just to be fair, Romney is just as guilty of doing the same thing. Did anyone see BHO on letterman?

sebekm commented on Monday, Sep 24, 2012 at 12:30 PM

I haven't watched Letterman since it became clear he has become CBS' answer to Bill Maher. No matter how he scrunches up his face to make it look like he is asking a "tough" question, the softballs and prior coordination on the questions he asks Dem guests are clearly in evidence. When a Republican has stuck their political neck out to go on Late Nite, Letterman snakes them and intentionally tries to ridicule them in front of his audience. Letterman is simply an outlet for left propaganda.

On topic: The problem is that health care MUST be reformed. ObamaCare is NOT "reform" - it is a new entitlements program which robs Peter (Medicare) to pay Paul (ObamaCare's "target audience") with a program that the majority of the country never really wanted and can't really pay for.

The bottom line is that entitlements are out of control. The solution is that taxes must go UP FOR EVERYBODY. Entitlements must go DOWN FOR EVERYBODY. This - along with cuts in defense; curtailing overseas military engagements and expansionism; and implementing a comprehensive PRIVATE SECTOR JOBS PROGRAM is the solution to solving our economic problems, balancing the budget, and making a real and continuing reduction in the federal debt.

All of the scuffling about everyting else is just political noise in an election year.

HMJC commented on Monday, Sep 24, 2012 at 17:01 PM

Alright ya all, I will let you pick at my complete lack of comprehesion of obomacare. The current rhetoric continues to be how much harder it is going to be finaicialy for certain demographics. I would like to set that aside for a minute and see if someone can riddle me this?

What will be the increased percentage of accesibilty to quality medical care for those who could not previously afford it?

How is this going to be funded?

What is the estimated cost?

How will it be regualated?

Does it help all Americans in the long haul?

I am all for a program that is well thought out, actually helps those who need it, and is sustainable. The basic questions I asked should be the basis for an informed decision on the surface at the very least. I fear of course that this will not be the case, an informed decision

sebekm commented on Monday, Sep 24, 2012 at 17:31 PM

I'll take a whack at a couple of them:

*How is this going to be funded?

If you listen to one side, they'll be funding a huge part (if not all) by "stealing" from the Medicare "Trust Fund." The other side says increased taxes (on the "real" taxpayers) and economic growth will pay for it. I tend not to believe the economic growth part - since they never seem to want to use money which comes from that to actually pay DEBTS. They just "find" new programs to spend it on; meanwhile the debt continues to rise.

*What is the estimated cost?

Again, it depends who you listen to (and believe). One side says $2.6 TRILLION dollars in the first decade:

http://www.weeklystandard.com/blogs/o...

another detailed breakdown is provided here - courtesy of the supposedly non-partisan Congressional Budget Office:

http://www.forbes.com/sites/aroy/2012...

The other side - as far as I know - has never been able to be pinned down on exactly how much the program will cost. They have basically played defense and when their opponents say "it will cost THIS much," they say "no, it won't." About six months ago, one of their mouthpieces ran an article titled "The Cost of Obamacare Has Gone Down, Not Up." If you have a strong stomach, you can try to wade thruogh it here:

http://www.motherjones.com/kevin-drum...

*Does it help all Americans in the long haul?

The estimate's I've seen are that ObamaCare MIGHT affect (i.e., "help") approximately 40 million Americans. Two months ago, the American population was estimated at: 314,159,265. The simple math tells us that about 13% of all Americans "might" be "helped." Theoretically, that also means that a whopping 87% of Americans WON'T be "helped" by Obamacare, with a sizeable percentage of those being "harmed" economically by having to pay for it.

*As for how it will be regulated - I believe it has its own set of rules and regulations in the bill that passed in Congress; was signed by the President; and was upheld by the Supreme Court and that left-wing "shill" Chief Justice John Roberts. Remember - this is the bill that Nancy Pelosi infamously said you had to pass before you could find out what was in it:

http://www.youtube.com/watch?v=hV-05T...

http://www.usnews.com/opinion/blogs/p...

God help us all.

PoliticsNation commented on Monday, Sep 24, 2012 at 17:51 PM

So Vouchercare would mean higher costs and lower benefits for seniors. Over time, the Republican plan wouldn’t just end Medicare as we know it, it would kill the thing Medicare is supposed to provide: universal access to essential care. Sen
iors who couldn’t afford to top up their vouchers with a lot of additional money would just be out of luck.

Still, the G.O.P. promises to maintain Medicare as we know it for those currently over 55. Should everyone born before 1957 feel safe? Again, no.

For one thing, repeal of Obamacare would cause older Americans to lose a number of significant benefits that the law provides, including the way it closes the “doughnut hole” in drug coverage and the way it protects early retirees.

Beyond that, the promise of unchanged benefits for Americans of a certain age just isn’t credible. Think about the political dynamics that would arise once someone born in 1956 still received full Medicare while someone born in 1959 couldn’t afford decent coverage. Do you really think that would be a stable situation? For sure, it would unleash political warfare between the cohorts — and the odds are high that older cohorts would soon find their alleged guarantees snatched away.

The question now is whether voters will understand what’s really going on (which depends to a large extent on whether the news media do their jobs). Mr. Ryan and his party are betting that they can bluster their way through this, pretending that they are the real defenders of Medicare even as they work to kill it. Will they get away with it?

http://www.nytimes.com/2012/08/31/opi...

up2sumptin commented on Monday, Sep 24, 2012 at 18:38 PM

Having medical coverage does not mean, one, you can afford to use it or, two, that your doctor will accept it. More and more doctors are refusing medicaid and medicare clients due to the low reimbursement they receive. So, who does Obamacare really help?

PoliticsNation commented on Monday, Sep 24, 2012 at 19:01 PM

@Up2sumptin- Obama-care has tough penalties in place for doctors who refuse to provide health care to those in need...Its not the doctors that don't want to assist patients; its the insurance companies not paying or keeping more than their paying out...That's why their fighting it so hard...Answer this? why would someone fight a system that's set up to help them...Poor people are fighting to stay poor and sick...

up2sumptin commented on Monday, Sep 24, 2012 at 19:07 PM

So now Obama is telling doctors who they will have as clients? I don't think so. Even this new electronic system that BHO requires is jacking the price of care up significantly. As a person with excellent health, I have paid into the system all my life. But guess what? Even though I pay over $120 per month for my insurance, the copays are so high that I cannot use it. That is what is killing folks. Not that they don't have insurance, it's they go bankrupt using it. It is expected to go up again this year (as it has done every year) along with the copays. IMHO, Obama was focusing on getting everyone insurance, he forgot what they were suppose to do when they got it.

PoliticsNation commented on Monday, Sep 24, 2012 at 19:17 PM

"This is a 'government takeover' of the health care system"

This snappy talking point is used by Republicans repeatedly to bash Obama's crowing legislative achievement, but it is simply not true. In fact, PolitiFact.com labeled this claim the 2010 "lie of the year," but that has not stopped lawmakers from making this claim. It will surely be heard again on the House floor during the repeal debate.

In many ways, the health care law resembles the Massachusetts reform enacted in 2006 under then Gov. Mitt Romney (a potential Republican rival of Obama in 2012). It builds on the existing private insurance system but adds requirements and incentives to ensure that most people have some form of health insurance.

Under the new law, there is no government alternative to the private system--this was a potential provision that was dropped during the congressional tussle--but the number of people who qualify for the existing federal-state Medicaid program for the poor will be expanded. States (or the federal government) will run "exchanges" -- essentially marketplaces -- in which private insurers will sell insurance to individuals and small businesses, but this should mean more people will get private insurance, not fewer. Tax credits will also be offered to people who have trouble buying private insurance.

Certainly, the law bolsters government regulation of the health care system, such as forcing insurance companies to no longer deny coverage to people who have existing medical conditions. People who currently do not have health insurance will be required to buy it. But the core of the health system in the United States will remain the existing private insurance market. So it in no way resembles the government-run health systems used in most industrialized countries in the world.

"Medicare benefits will be cut--and payments will be cut to Medicare doctors".

This was another GOP attack line during the campaign, though in many ways this was payback for the Democrats' very effective use of the same charge against Republicans after the GOP took control of Congress in 1994 and attempted to pass a balanced-budget plan that sought to restrain growth in Medicare spending.

The politically radioactive word "cut" is a misnomer. Under the health care law, Medicare spending will continue to increase year after year, but at a slower than anticipated pace. Both parties, in theory, agree this would be a good thing. Medicare is the venerable government-run health care plan for Americans over 65, and one of the fastest-growing parts of the federal budget.

Funkentelecky commented on Monday, Sep 24, 2012 at 22:03 PM

Politics Nation, the federal government (Leviathan) has no right to enforce healthcare legislation by the powers of the US Constitution. Obamacare was rammed thru by Democrats in a partisan Chicago thug fashion in 2010 even though America didn’t want it. Romneycare is authorized by the Constitution by the 10th Amendment in addition to the citizens of Massachusetts approving of the legislation. The 10th Amendment:

http://caselaw.lp.findlaw.com/data/co...

Now if you are a progressive liberal democrat that doesn’t care about the rule of law other than a women’s uterus and gay rights (pathetic) then I understand your partisanship!

PoliticsNation commented on Monday, Sep 24, 2012 at 22:21 PM

@Funkentelecky...The Supreme court ruled it constitutional and that's enough for me...

Funkentelecky commented on Monday, Sep 24, 2012 at 22:53 PM

PoliticsNation commented on Monday, Sep 24, 2012 at 22:21 PM
@Funkentelecky...The Supreme court ruled it constitutional and that's enough for me

Typical progressive liberal non-principled response, it was supposed to be Constitutional by way of the Commerce Clause; however it was rendered Constititutional via the powers of taxation by Congress lwith a Republican casting the 5th vote. So Obamacare is a tax on all Americans who pay taxes, do I need to say more?

PoliticsNation commented on Monday, Sep 24, 2012 at 23:01 PM

Look at the video below and justify that!

http://www.youtube.com/watch?v=K9njHH...

Funkentelecky commented on Monday, Sep 24, 2012 at 23:21 PM

Politics please stop playing them because BHO has twice as many flip-flops and broken promises as Romney, see the lies here:

http://www.youtube.com/watch?
v=kg9m1F8B2_c&feature=related

And what about this one too!
http://www.youtube.com/watch?v=zUPZJD...

Over 5.5 Trillion in less than 4 years. Now that’s CHANGE we can believe in and I know you do sir as you have proclaimed by your Democrat allegiance rather than following the rule of law!

Diamoule commented on Tuesday, Sep 25, 2012 at 08:05 AM

Are you serious? You go to the emergency room is a bill.Get out of the emergency room and you have prescriptions to pay and if you was rushed by the ambulace there is also that bill. Romney doesn't understand he has a doctor who follows him up and down, the 47% don't have doctors travelling with us everywhere they go.

http://search.yahoo.com/r/_ylt=A0oG7h...

Diamoule commented on Tuesday, Sep 25, 2012 at 08:08 AM
up2sumptin commented on Tuesday, Sep 25, 2012 at 08:42 AM

BHO and the rest of the politicos have the same thing. That is why they excluded themselves from Obamacre. This is a case of the pot calling the kettle black

up2sumptin commented on Tuesday, Sep 25, 2012 at 14:01 PM

It was announced today that Medicare prescription plans will be going up next year. Of the ten top providers, seven will be jacking up there prices between 11-23%. Two will raise their premiums by 3%. This even though Obama promised no increases in 2013. I guess if the man doesn't know how much the national debt is (per Letterman interview) then we can't expect him to know what is going on elsewhere.

http://abcnews.go.com/Health/wireStor...

sebekm commented on Tuesday, Sep 25, 2012 at 14:39 PM
JimmyMack commented on Tuesday, Sep 25, 2012 at 17:59 PM

God Bless you PoliticsNation and Diamoule!!! I have been waiting on re-inforcements to show up for quite a while. Funky is fair, but is conservative and somewhat disingenuous.
UP2 is downtheline common sense, while SEBE is the quintisential INDEPENDENT.

The both of you have made my blogging day.

My method is slash and burn and blow up things conservative while I leave the articulation of the cause to the likes of you two.

BHO by a nose at the wire.

JimmyMack commented on Tuesday, Sep 25, 2012 at 18:01 PM

Oh yeah, I almost forgot: Murrellet is here with her flame thrower.

Romney looks and acts like the walking dead.

PoliticsNation commented on Tuesday, Sep 25, 2012 at 18:53 PM

Romney plan for Health Care is-Going to the E.R and setting the elderly up for failure...What 80 year old needs to spend her day trying to find a provider to accept a voucher...what happens if the elderly person is suddenly ill-spends time in the hospital and the voucher runs out? When the money runs out on the voucher the senior is left to find creative ways to fund care...Medicare is not a privilege- we pay for it!!This is not a hand out.

up2sumptin commented on Tuesday, Sep 25, 2012 at 19:08 PM

I have clients who have reached their life time limit on Medicaid. What happens to them? ERs are designed for ememrgencys. Most doctors are a whole lot closed to the elderly than the ER. Do you realise how many doctors refuse to accept medicaid or medicare or severely limit the number of patients they will accept. A LOT, I know first hand. It will no different with government backed insurance.

PoliticsNation commented on Tuesday, Sep 25, 2012 at 19:16 PM

I think things will change because the limits on Medicaid will end. The plan is working well in Massachusetts.

Please read the article below.
http://www.huffingtonpost.com/2011/03...


Log In to post comments.

Previous blog entries by PoliticsNation
 
Junk Deal
October 28, 2014
GOP Governor Nathan Deal And The Longest Running Scandal in Georgia’s History I decided to post this article because I believe It's important for voters to be informed and make decisions based on what's best for our state and not hate. I hope this information helps someone who hasn't quite ...
Read More »
 
GA Republicans vow to restrict blacks from voting
September 11, 2014
BREAKING: Ga. Republican Secretary of State Brian Kemp caught on tape admitting that Democrats will win the November election -- if minorities are registered to vote. No wonder he issued subpoenas this week to stop voter registration. LISTEN: http://bit.ly/1tLgigZ Georgia State Senator vows to block early voting site too 'near' ...
Read More »
 
Are you clubbing or are you loving?
September 08, 2014
Domestic violence (also known as intimate partner violence) can happen to anyone, regardless of gender, race, ethnicity, sexual orientation, income, or other factors. The Victims •One in 4 women will experience domestic violence during her lifetime. •Women experience more than 4 million physical assaults and rapes because of their partners, ...
Read More »
 
Georgia Association of Educators back Jason Carter
August 27, 2014
I woke up this morning with a smile on my face. I thought to myself--Georgia is on the right path. The citizens of Georgia are starting to vote for their best interest and not out of fear or hate. The Georgia Association of Educators, which represents 42,000 educators, has endorsed ...
Read More »
 
A Mother’s White Privilege-Written by a White Mom
August 26, 2014
To admit white privilege is to admit a stake, however small, in ongoing injustice. It’s to see a world different than your previous perception. Acknowledging that your own group enjoys social and economic benefits of systemic racism is frightening and uncomfortable. It leads to hard questions of conscience may of ...
Read More »
 
[View More Blogs...]





 
Powered by
Morris Technology