26dems Homepage
Tech Advisory: This web page is best viewed in Firefox, Safari, or Internet Explorer version 7 and newer. You may have to upgrade Adobe Flashplayer if you experience problems. Report any problem to the webmaster.

Friday, April 8, 2011

CBO: Seniors Would Pay Much More For Medicare Under Ryan Plan

By Julie Appleby, Mary Agnes Carey and Laurie McGinley
KHN Staff Writers
Kaiser Health News
APR 05, 2011

Seniors and the disabled would pay sharply more for their Medicare coverage under a new plan by House Republicans aimed at curbing the nation’s growing deficit, a Congressional Budget Office analysis shows.

For example, by 2030, under the plan, typical 65 year olds would be required to pay 68 percent of the total cost of their coverage, which includes premiums, deductibles, and other out-of-pocket costs, according to CBO.  That compares with the 25 percent they would pay under current law, CBO said.

The GOP budget proposal also would raise the eligibility age for the politically popular program – and repeal big chunks of the health care overhaul law approved by Congress last year.And here is the rest of it.

Continue reading here