Plan to privatize the Medicare Health Program for the elderly
Republican chairman of the House Representatives Paul Ryan, has said that changes are definitely needed in Medicare to help protect from a financial ruin.
“We can no longer let politicians in Washington deny the danger to Medicare, the danger is too real, and the health of our nation’s seniors is too far important,” Ryan said in an online internet conference.
On Tuesday Democrats won a vacant House seat upstate New York, a usual Republican stronghold. The election was a referendum on the plan to privatize Medicare.
Ryan proposal suffered a setback on Wednesday when the Senate blocked the measure on a vote of 57-40. This clearly will not become the law anytime soon.
There were five Republicans whom joined the Democrats in opposing this. Scott Brown of Massachusetts and Olympia Snowe of Maine were both moderates up for re-election next year. Susan Collins, also of Maine, Lisa Murkowski, an Alaska moderate, and Rand Paul of Kentucky opposed.
Republicans work hard to build up support for the plan, as they know this will be a huge issue in next years congressional and presidential election.
This proposal will end the well known fee for service Medicare and will create a voucher like system for future seniors to purchase Medical Coverage from Private Insurers.
“We aren’t going to abandon this,” a senior Republican aide said. “We want to save Medicare, while Democrats would let it die. Those must be the first words out of our mouths from now on , ‘We want to save Medicare.’”
“Not all Senate Republicans agree with the Ryan plan, but they all agree that something must be done to save Medicare,” the aide said.
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