Message #1954

[Woody]

If we are going to be frank and discuss Ryan's plan we should post a bi-partisan summary:

[/size]1)2)proposal that he advanced in December 2011 with Senator Ron Wyden (D-OR), except that the annual growth cap is now set at GDP+0.5% instead of GDP+1%.[/size]Additionally, if costs per enrollee continued to grow faster than the cap of GDP+0.5%, seniors would have to pay an additional premium to make up the difference. For reference, CBO projects Medicare to grow at GDP+0.8% per beneficiary from 2023-2032 and GDP+1.7% thereafter under current law, which assumes that the cuts from the ACA remain in place and are effective.[/size]
http://bipartisanpolicy.org/blog/2012/03/chairman-ryan
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