Romney, Ryan, and Allen would end Medicare as we know it

September 17, 2012

The Washington Post reports, Romney's "plans to repeal the Affordable Care Act and cut Medicaid funding would have a direct impact on the health care that seniors receive. Repealing the health law would mean higher Medicare premiums, the Kaiser Family Foundation found in a recent analysis. Wellness visits and prescription drugs also would cost more."

Progressive Point: Virginians want the peace of mind of knowing that Medicare will be there for us and our kids. Mitt Romney, Paul Ryan, and George Allen don't get it. Instead of strengthening Medicare, their plan would end Medicare and we know it and increase health care costs for seniors. Obamacare preserves every dime of Medicare benefits. Romney, Ryan, and Allen will not.

Replacing Medicare with a privatized voucher system would stick seniors with just a coupon to hand over to the insurance companies. And for the 6 million seniors who depend on Medicaid to help them afford health care, well Romney, Ryan, and Allen would make massive cuts there, too. Obamacare creates a taxpayer protection board to make sure seniors and taxpayers aren't getting ripped off by fraudulent providers and corporate lobbyists. Any way you look at it, Romney, Ryan, and Allen would cut benefits and end Medicare as we know it.

Get the Facts:

• Repealing the Affordable Care Act would mean higher Medicare premiums, higher costs for wellness visits, and higher prescription drug prices. (Washington Post, September 16, 2012)


• "Repealing the health law also would have an impact on Medicare's 'doughnut hole,' the gap between Medicare's regular and catastrophic drug coverage, in which seniors are responsible for footing the bill. The average senior who falls into this space spends $604 on prescription drugs."(Washington Post, September 16, 2012)


• Thanks to the Affordable Care Act, insurance companies are required to spend 80% of premiums on medical care. For Virginia this means $43 million in rebates, for nearly 687,000 Virginians, who are receiving $115 eachon average. (Roanoke Times, August 7, 2012)

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