Sen. Bob Corker is making the rounds to promote his "dollar for dollar" entitlement reform bill. Corker proposes to raise the debt ceiling by $1 trillion in exchange for $1 trillion in cuts to Social Security, Medicare and Medicaid. (Actually, it's $937 billion, but who's counting?)
His plan for Medicare is to replace Medicare Part A, Part B and Part C Medicare Advantage programs with a voluntary "Total Health" private insurance policy. Medicare Part A and B would remain an option, and the Total Health plan would be "voluntary" except it appears that seniors who do not choose between standard Medicare and "Total Health" during the benefit enrollment period would be automatically assigned to a regional private insurance plan.
Corker's plan would also increase the eligibility age and impose means testing to adjust premiums* according to income, with higher income enrollees paying as much as twice the standard premium.
Regarding Medicaid, Corker's proposal would allow states to opt out of Medicaid altogether.
• Summary of Corker's Medicare, Medicaid and Social Security proposals
(*Part B and D already have similar provisions.)
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Maybe a policy expert can
Maybe a policy expert can explain how "Total Health" is different from the existing Medicare Advantage?
Also, from Kaiser Health:
www.kff.org/medicare/upload/2052-16.pdf
(Emphasis added.)
Go Down Moses
NPR interviewed a freshman Republican Congressman from Illinois this morning who said one of the best things to get America back on its feet again would be to invest in rebuilding infrastructure, just as Mr. Obama has tried to do.
Then it hit me, Corker knows what Obama is doing wrong. He could issue all us old folks picks and shovels and put our wrinkled old butts out on road gangs to earn that vast wealth we're siphoning off Social Security and Medicare.
In one of Pat Paulsen's many runs for president, he once said the last candidate who ran against him (and won) had promised to 'take care of all the old folks'. Now here we were four years later and he had broken that promise. We had more old folks than we ever had.
Corker's plan could solve that problem.
Funny. Ya gotta love Pat
Funny. Ya gotta love Pat Paulsen.
That's rich, coming from a
That's rich, coming from a guy who will never need Medicare, and probably doesn't know anybody who will.
The shame is that our
The shame is that our neighbors elected this clown. I am interested in exactly who it is writing this stuff and briefing Corker on it. It's pretty evident he's not exactly an intellectual heavyweight nor a policy wonk. :-)