“Under the defined contribution approach envisaged by the Rivlin-Ryan plan, most of the risk of future health-care cost increases would be shifted onto the shoulders of Medicare beneficiaries. This feature makes the proposal radical.” — UWE E. REINHARDT, economics professor at Princeton
Eliminate Medicare? Shift costs to the elderly and the poor? Most of the savings come after a decade? You have to admire politicians determined to drink this kool-aid. Bottoms up!
“Real environmentalists live in cities, and they visit what's left of the wilderness as gently and respectfully as possible.” — Donna Moulton, letter to the editor, Tucson Weekly, published on August 23, 2001
sweeping changes to the Medicare and Medicaid health programsFor Medicare, he said the GOP proposal will be modeled after the "premium support" system outlined in an earlier proposal co-authored by him and former White House Budget Director Alice Rivlin. Such a proposal would provide a fixed amount of government assistance toward premiums in the health plan of seniors' choosing. The Ryan-Rivlin plan would call for seniors to pay more for smaller expenses but put a cap on what they could pay out-of-pocket.
Last edited by Whovian; 04-05-11 at 09:41 AM.
I am anxiously awaiting this plans release. It needs to be done and if it is what it claims to be then I am all for it. However, if it proves to be a GOP attempt to wipe-out every program they have always hated, which under discreationary funding is very little in comparison to entitlements, then I will oppose. We can keep much of the discreationary programs while slashing simply defense and entitlements and still balance the budget.
So, I am hopeful this will be a viable bill that gets to the debt issue and not more stupid pandering legislation that looks to take-out the evil NPR/PBS.
Thank you, Quazi!
So far, the main issue I see with the plan is that there is really nothing in it that will help reduce or at least control healthcare costs. It simply cuts the governments costs, while assuming that the market will cause insurance costs to go down. This never works, what is needed is something to prevent the waste in the medical system that causes costs to continuously rise.
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
In case you haven't noticed, the stock market has been creeping up and up despite all calls to the contrary because it's being propped up by the Feds.
I don't count the stock market as the "system" although it is a component.