Study: Voucherization Would Destroy Medicare:
Medicare's 'death spiral' under Romney/Ryan voucher plan confirmed in new study
The study’s conclusion: healthy seniors tend to gravitate to private plans and sicker seniors gravitate to traditional Medicare.
That’s because private insurers craft their plans to attract lower-cost patients and leave sicker, more expensive ones for traditional Medicare—a process known as favorable selection. [...]
“I think what that means for premium support is that fee-for-service Medicare would gradually be a dumping ground for the sickest people and the premiums would go higher and higher if they want to stay in their plan,” said Austin Frakt, a health economist at Boston University. “And that’s a huge concern for some people.”"
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....in the case of Medicare, adding in private competition that markets to and selects the healthiest individuals means that traditional Medicare eventually becomes too expensive to sustain. That would lead to what Frakt calls the "classic adverse selection death spiral,” and the end of Medicare. "
dailykos.com
= new reply since forum marked as read
I'm sure she would be able to find an insurance plan for vouchers
