Scott Wahlin, CGCS said: Why would health insurance companies compete to get the business of the elderly, which is what Paul Ryan is suggesting?
The premium-support model would operate similar to the way the Medicare prescription-drug benefit program
works today. The Medicare premium-support payment would be adjusted so that wealthier beneficiaries would
receive a lower subsidy, the sick would receive a higher payment if their conditions worsened, and lower-income
seniors would receive additional assistance to cover out-of-pocket costs.
This approach to strengthen the Medicare program ensures security and affordability for seniors now and into
the future. First, it ensures security by setting up a tightly regulated exchange for Medicare plans. Health plans
that choose to participate in the Medicare exchange must agree to offer insurance to all Medicare beneficiaries,
to avoid cherry-picking and ensure that Medicare's sickest and highest-cost beneficiaries receive coverage. This
reform builds upon the bipartisan Rivlin-Ryan Medicare reform plan advanced in the President's Fiscal
Commission in 2010.
Again, please read the plan. I'm sure everyone else here that is truely interested in the truth has taken the time to read the budget. It will provide the answers to your questions if you are willing to open your mind to a different way of thinking.
http://budget.house.gov/UploadedFiles/P ... FY2012.pdf