Does anyone have an answer to how insurance/Medicare works under Paul Ryan's Plan if you have an expensive condition?
You’ve already answered you own questions, just remove the question marks from your posts:
Ryan wants to give Medicare beneficiaries a voucher they can use to get coverage from a private insurance company. Initially, the vouchers would enable beneficiaries to get coverage comparable to what they have today. But the value of the vouchers would diminish over time. The Congressional Budget Office predicts that 65-year-olds would be paying 68 percent of their Medicare coverage costs by 2030, compared with 25 percent today.
What this means is that almost all Medicare beneficiaries would eventually be woefully underinsured, just as an estimated 25 million younger Americans already are and just as most of the nation’s elderly—the ones who could afford coverage at all—were before Medicare was enacted in 1965. (Most senior citizens had no health coverage before Medicare because insurance companies refused to sell it to them. That’s why it was so urgently needed.)
Thank you for posting this. For those that don't know, Wendell Potter was an executive with insurance companies for over 20 yrs. That is until he started feeling guilty and turned whistle blower. He is top notch which is probably why some on the right are trying to smear him.
This is my first post here so please feel free to let me know if I am making any mistakes. Also, I had to delete the url to your article in order to post.
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