Breaking News Bar
posted: 9/5/2012 6:28 PM

Vouchers do not protect Medicare

hello
Success - Article sent! close
 

I recently received a mailing from Congressman Dold which stated: "Protecting and preserving Medicare and Social Security for our seniors is a top priority for Robert Dold."

The congressman is only partially correct in his claim of protecting and preserving Medicare for seniors. The seniors he refers to are those currently over the age of 55.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

In April 2011, Dold voted for the Ryan budget, which would convert Medicare to a voucher program when those now under the age of 55 become eligible, in effect ending Medicare. The voucher program would provide funds to "Medicare" eligible seniors so that they could go out into the insurance marketplace and purchase health insurance.

Unfortunately, the value of the voucher might not cover the insurance costs and would increase only at the rate of inflation.

Health care costs have increased at a substantially higher rate than inflation as have health insurance costs. According to the nonprofit Kaiser Family Foundation, in 2011 health insurance costs increased 9 percent. The rate of inflation in 2011 was 3.2 percent. The voucher holder would need to make up the increased cost differential or decrease their coverage.

New seniors would be at the mercy of the insurance companies.

Does Dold have a commitment to "protect and preserve" Medicare? I don't think so.

Stuart Kronish

Highland Park

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here