Saturday, September 1, 2012

Hello Earth

Via skippy, the reason the Romney/Ryan plan for Medicare is a Very Bad Idea.
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.

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.
We have private insurers currently with regular health care. That's why it's so expensive. Remember?

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