Campaigns spar over Medicare reform

Bustos says Republican plan would force seniors to spend $6,400 more

Text Size: AaAaAaAaAa
Cheri Bustos and Bobby Schilling
Cheri Bustos and Bobby Schilling
Buy Sauk Valley Media Photos »

According to McClatchey-Tribune News Service, Romney’s proposed overhaul wouldn’t affect current Medicare beneficiaries or those nearing retirement, only those who enter Medicare beginning in 2023. Starting in 2023, he’d give government vouchers to people to buy their own insurance.

The idea is that private insurance companies would compete for that business, providing more value and better quality while driving down prices. If their medical costs exceed the amount of their voucher, seniors would have to pay the difference regardless of whether they’ve chosen private insurance or traditional Medicare.

The amount of the voucher would be equal to the cost of traditional Medicare in that area or the second least expensive private plan that offers benefits equivalent to Medicare – whichever is less. The voucher amount and the cost of coverage would differ depending on the region of the country.

President Barack Obama’s plan to cut $716 billion in Medicare spending from 2013 to 2022 would come mainly from lower annual payment increases for hospitals and other care providers, higher premiums for affluent beneficiaries and lower payments to Medicare Advantage plans, the private plans that provide Medicare benefits, according to the Kaiser Family Foundation.

Bustos said she wants to ensure Medicare’s long-term financial stability by putting common sense reforms to work. She said she can lower costs by “using electronic medical records and doing a better job of coordinating care.”

Bustos, a former East Moline alderwoman, is challenging Schilling in the redrawn 17th Congressional District, which now includes all of Sterling and Rock Falls.

Debate tonight

17th Congressional District candidates U.S. Rep. Bobby Schilling, R-Colona, and his Democratic opponent, former East Moline Alderwoman Cheri Bustos, will debate at 6:30 p.m. today at the WQAD-TV News 8 studio in Moline. The debate, also sponsored by the Moline Dispatch and Rock Island Argus newspapers, will air live.

Sauk Valley Media reporter Kiran Sood will report on the debate in Friday's editions.

||2|Next Page

Comments

Blogs

» Out Here
Out Here

Good or bad? Depends on who you ask

Sometimes readers ask for more good news in the paper. They say we in the media only cover the bad. But one person's positive is another's negative.
» Extra! Extra! - A blog by Chris Heimerman
Extra! Extra! - A blog by Chris Heimerman

My kind of game

I would have gladly paid to take in the game I covered Saturday morning in Morrison.

Reader Poll

Memorial Day weekend heralds the arrival of summer vacation season. How much time do you plan to spend on vacation?

1 week
2 weeks
3 or more weeks
No vacation this year