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Saving Seniors from Ryan

Fri, 01/20/2012 - 13:42 — Dave Culver
Section(s): 
Critical Thinking
Health & Environment

Medicare—and not the private, competitive market—has been the most effective at restraining health care cost growth. It’s not clear making a move toward the private market would reduce cost growth rather than accelerate it.

Aaron Sinner, Minnesota2020

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In December, Rep. Paul Ryan (R-WI) and Sen. Ron Wyden (D-OR) offered a proposal that marked a compromise from Ryan’s original plan last year to convert Medicare into a voucher program. The new system offers a more generous framework to pay for seniors’ care and includes the traditional Medicare program as a “public option” within the system.

Unfortunately, the innovations of Ryan-Wyden run headlong into this graph.

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