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Home Publications Blogs Beat the Press Actual Analysis on Candidates' Medicare Positions from the NYT

Actual Analysis on Candidates' Medicare Positions from the NYT

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Wednesday, 22 August 2012 04:52

The NYT did what newspapers are supposed to do, it analyzed the impact of the Medicare proposals of President Obama and Governor Romney. It charted out their differences and gave the opinions of some leading experts in the area.

This is important. Reporters should have the time to do this sort of investigation. The overwhelming majority of readers do not have time to evaluate the accuracy of competing claims, which is why the he said/she said reporting that has become standard is so offensive.

Comments (5)Add Comment
Great analysis of Medicare proposals with small error
written by Robert Salzberg, August 22, 2012 5:21
From the piece:

"That would violate Mr. Romney’s vow that neither current beneficiaries nor Americans within 10 years of eligibility would be affected by his proposal to shift Medicare to a voucherlike system in which recipients are given a lump sum to buy coverage from competing insurers."

The voucher system doesn't violate Romney's pledge to not change benefits for current beneficiaries.

Romney's pledge to repeal the ACA and it's cost saving benefits for current Medicare beneficiaries is the pledge that is in direct conflict with Romney's pledge to preserve current benefits.
...
written by Roger Vance, August 22, 2012 9:59
Ryan Medicare savings

The analysis attached to the graphic says "Mr. Ryan’s plan includes the $716 billion saved by cost-cutting under the president’s plan. “Our budget keeps that money for Medicare to extend its solvency,” he said in June. He has also said the money would help reduce the deficit.

It seems that any "deficit reduction" implicitly assumes that the money is needed to pay benefits. But experience has shown that extra payments to insurers were subsidies they needed because of their inefficiency compared to regular Medicare. And the reduction in payments to providers were negotiated with the providers in exchange for a massive infusion of new customers via the ACA.
Lousy Headline
written by Herschel, August 22, 2012 10:52
The headline: Patients Would Pay More if Romney Restores Medicare Savings, Analysts Say

Someone who didn't read beyond the headline would come away with a confused impression that Romney is "restoring" savings with the result that somehow beneficiaries would pay more. But he's promising to repeal the savings, not restore them.
...
written by Herschel, August 22, 2012 11:01
There's also a pretty good Reuters piece here:

http://finance.yahoo.com/news/...icare.html
romney/ryan on medicare
written by mel in oregon, August 22, 2012 12:27
the position held by these characters is ridiculious. as baker has pointed out the congressional budget office estimates that vouchers cost $34 trillion more than the current system over a 75 year period. the bottom line on romney is, he wants to drop any benefits to the poor or middle class, so the wealthy will have even more. his greed knows no bounds. he is almost surely the most dangerous candidate every to run for the presidency by a major party. i believe he will probably start ww3.

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.

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