This is the problem with the Ryan plan. It won't result in savings. No wonder Romney supports it.
How would the premium-support be set for someone with a pre-existing condition or who is "older"? By fiat, apparently, not by the market.
Plus, the premium-support should not be higher for "the poor". There is no rationale for that.
Finally, why wait ten years and then grandfather everyone at that point? That is pure politics and optics, delaying potential savings for two decades.
I can't see how the Ryan plan is going to result in savings relative to Medicare. It may, however, fool enough of us to help get out the Conservative vote in December.
Conservatives won't be fooled, however, so all it will do is lose left-leaning independents.
Whatever the faults of Medicare, the Ryan Plan, written by some of the same lobbyists who wrote Obamacare, is just a "market based" grab of public money for private interests, which will be more costly. The whole blaming game of the structural deficits on "entitlements" rather than Bush's tax cuts without spending cuts is just third rate economics and dumbed down math. Everything but "entitlements" has been "bankrupt" for decades, and both Dems and Repubs have been sucking SS dry for their programs and schemes. Tax cuts did not pay for themselves, as was advertised. The "Ryan Plan", really a Health Industry grab posing as deficit "reduction", openly embraces permanent deficits which in turn will mean continual credit downgrades and more debt. The picking of Ryan pushes the chances of a Obama victory and insures months more of upset denunciations of accurate descriptions of the Ryan Plan.. A majority of the people will be pinching their noses when they vote this year. Oh, did you know the Ryan Plan has a public option? Ha!
"Social engineering on the Right." - Newt Gingrich