State By State: GOP Medicare Cuts
Republican Budget Will End Medicare, Force Seniors To Pay $6,359 More For Health Care And Cost More Than Two Million Private Sector Jobs
The Republican budget will end Medicare and put insurance company bureaucrats between seniors and their doctors. Their budget provides a windfall of trillions to the health insurance industry, paid for on the backs of seniors – it would force seniors to pay $6,359 more in out-of-pocket expenses for health care in the first year alone – more than double the cost under current law. Republicans falsely claim that today’s seniors will not be impacted by their reckless plan – but the fact is that starting next year, nearly four million seniors will be forced to pay $2.2 billion more in prescription drug costs. In addition, the Republican budget slashes billions in health care for seniors through Medicaid, putting seniors at risk and costing thousands of private sector jobs. Democrats are committed to protecting and strengthening Medicare and Medicaid by cutting waste, fraud and abuse – not benefits.
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- The Republican plan to end Medicare will increase out-of-pocket health care costs for a typical 65 year-old senior by $6,359 in 2022 – more than double the cost under current law.
- The Republican plan could force at least one million seniors to pay over $110 million more for annual wellness visits in 2012.
- Nationwide, nearly four million seniors would pay $2.2 billion more for prescription drugs in 2012 alone under the Republican plan.
- By turning Medicaid into a block grant program, the Republican plan could cost America more than two million private-sector jobs over the next five years.
- Nationwide, the Republican plan could cut more than $503 billion in federal health care funding for seniors and the disabled through Medicaid, including life-saving nursing home care.