Hardly.
People seem to be well educated on Ryan's Medicare plan and they realize it would cost grandma more money than she could afford.
Critics fear that in its zeal to ease the burden on taxpayers, the Ryan plan would make Medicare-equivalent health care unaffordable for many, if not most seniors. Under the plan, the value of government payments would be capped at the rate of growth of the Consumer Price Index. If medical costs continued to grow faster than the CPI, as they have in the past, more and more of the financial burden of health care would be shifted over time to beneficiaries. A study from the Center for Economic and Policy Research, using assumptions from the Congressional Budget Office, claims that by 2022, a senior citizen at the median income would have to pay 35 percent of that income to obtain coverage equivalent to Medicare, with the figure rising to 68 percent by 2050.
EconoMonitor : Ed Dolan's Econ Blog » What Can We Learn About the Ryan Medicare Plan from the German Experience?
As most Seniors are on a fixed income, their expendable income would drop drastically thanks to their increased contribution for their health care insurance under the Ryan plan. Most Seniors rely heavily on Social Security for their income and like Ryan's plan, it also uses the CPI for annual increases in payouts. So as health care costs increase by three to four times the CPI, Seniors income increases at a much smaller rate that than the growth of health care cost .
It's no surprise that 80% of the population is against Ryan's plan as it clearly does throw grandma off the cliff.
So people are ignorant because they are against Ryan's plan? They'd be ignorant to be for Ryan's plan as their own survival would be in jeopardy.
Medicare certainly does need to be reformed but at the same time the outrageous rises in the cost of health care also need to be addressed. Medicare wouldn't be in the state it is today if health care costs wouldn't be rising at the rate it has been rising the last twenty years.
The Business Roundtable report, prepared by the consultants Hewitt Associates (HEW), highlighted how critical an overhaul of the current health-care system is to the nation's businesses, even while recent polls show waning public enthusiasm for an overhaul. "Maintaining the status quo is simply not an option," Eastman Kodak (EK) CEO Antonio Perez said in presenting the report. "The costs are unsustainable and would put millions of workers at risk."
Skyrocketing Employer Health-Insurance Premiums - BusinessWeek
In other words, health care cost basically need to be addressed NOW, it would be good for American businesses as well reforming Medicare and getting a better handle on this nation's debt.
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