CBO Report: Plan Also Contains Deeper Cuts to Medicare and Medicaid Than Paul Ryan(R-WI) Revealed
For Medicare, the CBO report reveals that the Ryan plan would raise the age at which people become eligible from 65 to 67, even as it repeals the health reform law's coverage provisions. This means 65- and 66-year-olds would have neither Medicare nor access to health insurance exchanges in which they could buy coverage at an affordable price and receive subsidies to help them purchase coverage if their incomes are low. This change, which is not mentioned in the 73-page booklet on his plan that Chairman Ryan released, would put many more 65- and 66-year-olds who don't have employer coverage and can't afford insurance into the individual insurance market — where the premiums charged to people in this age group tend to be very high — leaving them uninsured. People of limited means, such as those who are trying to get by on incomes as low as $12,000 a year in today's dollars, would be affected most harshly because they wouldn't be able to afford private coverage.So does Ryan have a mental stability problem or is he his a plain old fli-flam Republican - who like with the Bush tax cuts that were supposed to pay for themselves, the lie that there were WMD in Iraq and from 2000 to 2008 told America deficits don't matter and also told us that regulating Wall St was anti-capitalism. Yet another Fact Check says Ryan and his Republican band of liars are trying to pull another con on the American people - GOP lawmakers tout Medicare reform by stretching a comparison to the health benefits they receive
The CBO report also reveals that the vouchers, or "defined contribution amounts," that Ryan would provide to seniors to buy coverage from private insurance companies in lieu of current Medicare coverage would be adjusted each year only by the general inflation rate. For more than 30 years, health care costs per beneficiary in the United States have been rising about two percentage points per year faster than GDP growth per capita.