WASHINGTON (AP) — Medicare is the one health insurance plan that will cover virtually every American at some point in life, and Republican Mitt Romney is proposing the biggest changes since its creation nearly 50 years ago.
With important details still hazy, The Associated Press asked the Romney campaign five questions about how his Medicare plan would affect consumers on critical matters of costs and benefits.
Some of the questions remained unresolved after the campaign's responses. It may take electing Romney to find out how his plan would work. (The AP also sent President Barack Obama's campaign a set of questions about his plans for Medicare, and those responses are the subject of a companion report.)
"One of the things that concerns me about both campaigns is that they tend to use jargon terms like 'competition' or 'protection for benefits' without spelling out how they would deal with the challenges that come up," said economist Marilyn Moon, a former trustee overseeing Medicare finances. "Their answer is to attack the other side, or simply reinforce the same jargon, rather than explaining how things would work."
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
