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Wednesday, April 27, 2011

postheadericon Killing Medicare won't solve nation's problems

What would you say to someone who told you that in order to save something, you’d have to kill it?

On April 15, the Republican-controlled U.S. House of Representatives voted, 235-193, to end Medicare for Americans who are currently under the age of 55. No Democrat voted in favor of the plan.

For those tens of millions affected, and for all future generations, the Republican plan ends Medicare and "privatizes" healthcare for American seniors. According to the non-partisan Congressional Budget Office, the plan, if acted upon, would create a voucher system in place of Medicare. The U.S. government would assign approximately $8,000 to purchase private health insurance for each senior once he or she turned 67 years of age. If they were ill or older, the voucher amount would be slightly higher. But under the Republican plan, the average senior would see their out-of-pocket healthcare costs double to $12,150 per year, $6,400 more than today â€" not incl! uding co-pays.

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