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12-12-2011, 07:54 PM
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Quote:
Originally Posted by buggyone
IjustloveTV should have read deeper into the document he quoted. The Ryan proposal would cost the taxpayer MORE money. Good luck on trying to get the coverage for a pre-existing condition, too.
"To summarize, a typical beneficiary would spend more for health care under the proposalthan under CBO’s long-term scenarios for several reasons. First, private plans would cost more than traditional Medicare because of the net effect of differences in payment rates for providers, administrative costs, and utilization of health care services,as described above. Second, the government’s contribution would grow more slowly than health care costs, leaving more for beneficiaries to pay."
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" The premium support payments would also vary with the income of the beneficiary. People in the top 2 percent of the annual income distribution of the Medicare-eligible population would receive 30 percent of the premium support amount described above; people in the next 6 percent of the distribution would receive 50 percent of the amount described above; and people in the remaining 92 percent of the distribution would receive the full premium support amount described above.''
Page 8
CBO
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