Obama hits Romney with new Medicare study

[highplainsdem]

Source: AP

ORLANDO, Fla. (AP) — President Barack Obama is drawing new attention to Medicare in the all-important battleground of Florida, taking on his Republican challenger Mitt Romney on an issue that has been more favorable to Democrats.

Campaigning for a second day in Florida, where older voters and workers approaching retirement hold sway, Obama on Sunday was expected to highlight a study by a Democratic leaning group that concluded that on average a man or woman retiring at age 65 in 2023, would have to pay $59,500 more for health care over the length of their retirement under Romney's plan.

The numbers are even higher for younger Americans who retire later, the study found. A person who qualifies for Medicare n 2030 — today's 48-year-old — would see an increase of $124,600 in Medicare costs over their retirement period.

While Romney's changes to Medicare would affect future retirees, the study also said that Romney's plan to get rid of Obama's health care law could raise health care costs in retirement by $11,000 for the average person who is 65 years old today by reinstating limits on prescription drug coverage.

-snip-

Read more: http://www.google.com/hostednews/ap/article/ALeqM5gLuWdFR86YdEuwULxf4ZHWCXsVJA?docId=d8ef0723fc134ca1bdcea8bbf11a607b

[Dustlawyer]

1. My 75 year old mother cannot afford the Donut Hole again. i found out she was rationing her meds

and was not doing well due to it. She and my father lost his pension right at retirement (my dad worked for Bethlehem Steel) and the top brass got their parachutes and no one else got anything. This is our America today, The Greatest Nation on Earth! Tell me they love America!

[Ikonoklast]

3. Every single PERSON directing policy in that COMPANY should have gone to prison.

That we legally allow corporations (which is only the people behind that legal fiction) to steal and get away with it, there is no justice for working Americans.

Pensions should never have been part of a company's ledger sheet.

They should always have been held in trust by a mutually-agreed upon disinterested third party between employer and employee, and held liable for proper fiduciary duty in managing those funds.

What Bethlehem did was theft, pure and simple.

[handmade34]

2. to keep in mind

the Obama Administration wants to work to make Medicare more efficient...

http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/09/07/we-spend-750-billion-on-unnecessary-health-care-two-charts-explain-why/?tid=pm_business_pop


"We spend $750 billion on unnecessary health care"

[TomCADem]

4. Amazing That Politifact Concluded That A Voucher Plan Is Medicare...

...In other words, so long as Republicans callled their voucher plan "Medicare," it was false to claim that Republicans were planning on ending Medicare.

[november3rd]

5. Every Policy

If you have to engineer the system to -- above all -- keep the few at the top happy, that is called Republican policy.

It invariably means that the many -- not at the top -- fare worse.

This is an axiom of American politics now.

It is also axiomatic that no news pundits state the first axiom publicly, out of fear of reprisals by their corporate sponsors, and also out of fear of reprisals by their own media company corporate managers, who are Republicans, for the most part.