A recent bipartisan proposal that aims to strengthen the Medicare program was blasted by the White House as “radical,” reports CBS News.
The plan, introduced by Representative Paul Ryan (R-Wisc.) and Senator Ron Wyden (D-Ore.), would “end Medicare as we know it for millions of seniors” and would “undermine, rather than strengthen, Medicare,” according to White House Press Secretary Jay Carney, because it would “raise premiums, forcing many seniors to leave traditional Medicare and join private plans, and it would shift costs from the government to seniors,” CBS reports.
Ryan and Wyden’s proposal would give seniors the option of getting traditional Medicare or their own private insurance, and they’d get a subsidy, called “premium support,” to spend on either option, says the article. It would not go into effect until 2022 and would keep the Medicare eligibility age at 65.
Read the full CBS News article here.
Written by Alyssa Gerace