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TPM - "How Romney’s Voucher System Could Unravel Medicare" - Ignored By MSM
President Obama has been mentioning Romney-Ryans plans to turn Medicare into a voucher system and have run ads addressing Medicare. However, the corporate media has largely been censoring any discussion on one of the biggest differences between the candidates. However, just because the corporate media has been trying to stymie discussion, this does not mean that we should not spread word that Romney-Ryan have proposed to end Medicare.
http://tpmdc.talkingpointsmemo.com/2012/10/how-romneys-voucher-system-could-unravel-medicare.php
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.
As the chart shows, seniors with rising cost claims switched from Medicare Advantage to traditional Medicare, and the reverse was true for those moving from traditional Medicare to Medicare Advantage, according to the study, which looked at 10-year trends.
* * *
President Obama addressed this very issue in his first debate with Mitt Romney. “[W]hat happens is those insurance companies are pretty clever at figuring out who are the younger and healthier seniors,” he said. “They recruit them leaving the older, sicker seniors in Medicare. And every health care economist who looks at it says over time what’ll happen is the traditional Medicare system will collapse. And then what you’ve got is folks like my grandmother at the mercy of the private insurance system, precisely at the time when they are most in need of decent health care.”
Conservatives envision a leaner, more efficient Medicare under the public-private system Romney and his party support. But for liberal proponents of Medicare, the worst case scenario is that premium support would continually weaken the finances of government-run Medicare and eventually lead to its demise.
As the chart shows, seniors with rising cost claims switched from Medicare Advantage to traditional Medicare, and the reverse was true for those moving from traditional Medicare to Medicare Advantage, according to the study, which looked at 10-year trends.
* * *
President Obama addressed this very issue in his first debate with Mitt Romney. “[W]hat happens is those insurance companies are pretty clever at figuring out who are the younger and healthier seniors,” he said. “They recruit them leaving the older, sicker seniors in Medicare. And every health care economist who looks at it says over time what’ll happen is the traditional Medicare system will collapse. And then what you’ve got is folks like my grandmother at the mercy of the private insurance system, precisely at the time when they are most in need of decent health care.”
Conservatives envision a leaner, more efficient Medicare under the public-private system Romney and his party support. But for liberal proponents of Medicare, the worst case scenario is that premium support would continually weaken the finances of government-run Medicare and eventually lead to its demise.
3 replies
= new reply since forum marked as read
= new reply since forum marked as read
Not sure why a media system that is funded by corporate sponsors would be liberal...
