Thursday, November 1, 2012

PERRspectives: Elderly Will Be Hit Hard by Romney's Medicare, Medicaid Plans

PERRspectives: Elderly Will Be Hit Hard by Romney's Medicare, Medicaid Plans
"As the Congressional Budget Office and a recent Kaiser Family Foundation study confirmed, the Romney-Ryan plan to "voucherize and privatize" Medicare will invariably lead to much higher health care costs for future recipients. But today's elderly voters will feel a double sting under President Romney as well. After all, his pledge to "kill Obamacare dead" will erase hard-won drug benefits and health services those over 65 have gained under the Affordable Care Act. And as it turns out, Romney's proposal to slash Medicaid spending by more than a third over the next decade and give what remains as block grants to the states could jeopardize nursing home care for millions of American seniors."

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