The Medicare Rights Center is crying foul about Rep. Paul Ryan's House budget proposal released Tuesday morning.

Joe Baker, president of the Medicare Rights Center, said in a statement that Ryan's budget will force people with Medicare to pay more for less health security and would end Medicare as we know it by replacing guaranteed health benefits with a voucher that seniors and people with disabilities would use to purchase health coverage.

"The Ryan budget falls short as a credible plan to preserve and strengthen Medicare. Most important, this privatization scheme fails to account for the financial realities facing older adults and people with disabilities. There is no guarantee that the Ryan voucher would keep pace with health care inflation, meaning that people with Medicare would pay more," he said.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 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.