Hey Seniors, Republicans Hate You And Want Your Money!
I used to use a mnemonic device to keep track of the difference between Medicaid and Medicare and it went like this: Medicare has the word care in it, so my thought process was that Republicans only “care” about seniors, not poor people. Of course, now I can’t use that anymore because the don’t care about seniors anymore either. From Think Progress…
The centerpiece of the House Republican’s plan is a proposal that repeals traditional Medicare and replaces it with a health insurance voucher that loses its value over time. Because the value of the Republican’s privatized Medicare replacement does not keep up with the cost of health care, their plan will gradually eliminate Medicare because its increasingly worthless vouchers will eventually only cover a very tiny fraction of the cost of a health insurance plan.
Seniors will feel the effect of the GOP’s draconian plan long before it succeeds in phasing out Medicare. According to the CBO, total health care expenditures for a typical 65-year-old “would be almost 40 percent higher with private coverage under the GOP plan than they would be with a continuation of traditional Medicare” in the very first year that the GOP plan goes into effect: