June 22, 2016
Ryan’s “Better Way” for Health Care Would be Dangerous for Seniors and Inferior to Current Medicare System
Seniors Would Have to Wait Until 67 for Coverage
The following statement was issued today by Richard Fiesta, Executive Director of the Alliance for Retired Americans, in response to House Speaker Paul Ryan’s release of “A Better Way” health care plan:
“U.S. House Speaker Paul Ryan calls his health care plan ‘A Better Way,’ but it is far inferior to the current system and dangerous for Americans.
“Seniors should not be misled. The Speaker wants to raise the Medicare eligibility age to 67 and change the program away from guaranteed benefits to a system of ‘premium support.’
“Premium support is a paltry substitute for the earned health care benefits that Americans have paid into throughout their lives and which they have a right to once they turn 65.
“Ryan also wants to double down on one of the weakest parts of the current Medicare system. He would have Medicare adopt the so-called ‘competitive structure proven successful by Medicare Part D.’ Of course Part D has done nothing to rein in skyrocketing prescription drug prices for taxpayers or retirees and includes unnecessary giveaways for private insurance companies.
“If the Ryan plan were to be adopted, seniors would pay through the nose – with both their physical health and their financial health.”