Nonpartisan (Kaiser Family Foundation) report: Ryan Medicare plan hurts Florida seniors the most

Source: Raw Story

Nonpartisan report: Ryan Medicare plan hurts Florida seniors the most

By Stephen C. Webster
Monday, October 15, 2012 15:14 EDT


The nonpartisan Kaiser Family Foundation said Monday that a year-long study has found that Rep. Paul Ryan’s (R-WI) plan to turn Medicare into a privatized “premium support” coupon program will result in higher costs for six out of every 10 beneficiaries just to maintain their current levels of service.

Kaiser’s study found that his plan to partially privatize Medicare would result in wild variations in policy costs across the country, with some states set to be hit much worse than others, confirming in greater detail earlier studies that found Ryan’s plan would result in significantly higher costs for most seniors.

In particular, Kaiser notes that the crucial swing state of Florida — where former Massachusetts Gov. Mitt Romney currently enjoys a slight lead in the polls over President Barack Obama — would see the worst fallout, with about 77 percent of Medicare beneficiaries expected to pay $200 or more per month under the Republican’s coupon program.

It would be especially expensive in areas with the highest concentration of Medicare enrollees, like Miami-Dade County, where nearly all seniors face paying nearly $500 more per month, or Palm Beach County, where 99 percent of plans would go up by more than $370 a month. Kaiser added that Los Angeles County and Orange County in California also face some of the worst price hikes under the Ryan coupon plan, where 99 percent of seniors face paying an additional $$216-$260 more per month.

Read more: http://www.rawstory.com/rs/2012/10/15/nonpartisan-report-ryan-medicare-plan-hurts-florida-seniors-the-most/