Medicare—like other insurers—can keep its costs—and recipients’ costs—low, by having the largest risk pool possible. That is the beauty of a single-payer system, of which Medicare is a highly successful example.We have private insurers currently with regular health care. That's why it's so expensive. Remember?
And that’s precisely where the Ryan/Romney Medicare plan falls on its face. Ryan/Romney turns Medicare into a privatized voucher program. Under the Ryan/Romney plan, Medicare-eligible seniors will be encouraged to seek out private insurers for their “Medicare” plan. Paul Ryan boasts that this is a way to save money. It’s not, and that risk pool deal is the reason.
"My hovercraft is full of eels." Political (Monty) Pythonist and baseball fanatic. Other matters as inappropriate.
Saturday, September 1, 2012
Hello Earth
Via skippy, the reason the Romney/Ryan plan for Medicare is a Very Bad Idea.
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