Thursday, September 22, 2011

Response to "Don't Privatize Medicare"‏

Ms. Coropoff's concerns about Congressman Paul Ryan's "privatization of Medicare" are uninformed and extremist.

Ryan's Medicare reform plan is attacking a major problem which Democratic lawmakers are ignoring, and which the President has only made worse. Medicare will go bankrupt in nine years if nothing is done to reform revenue and disbursement.

Democratic lawmakers are content to do nothing, while President Obama's medical insurance mandate, Obamcare, raids Medicare to the tune of $500 billion.

Congressman Ryan's plan protects Medicare by extending a free market mechanism already in use within Medicare Parts A and B.

Ryan's plan will also make no changes to the current benefits received by retirees 55 and older. For future recipients 54 years and younger, they will be able to choose from a assortment of plans offered through private insurers. The free market competition which will ensue from this range of choices will drive down Medicare costs and prevent the entitlement form going bankrupt.

Contrary to the outrageous claim that they are threatening to push Grandma off a cliff, Ryan and his colleagues are trying to salvage the program so that Grandma and her children will have something left for them when they retire.

Unlike the Democrats and the President, Congressional Republicans refuse to treat the American People like oblivious fools, for Ryan and his colleagues refuse to ignore the calamitous decline of revenue in Medicare. By extending free market arrangements, Republicans trust that seniors are willing and experienced enough to shop around for an appropriate plan for themselves, which in turn will save taxpayer money and ensure that Medicare remains solvent. for future generations.

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