Monday, June 06, 2011

Impact on Wisco Cong. Dist. 7

The coldH2Os live in 7 & the impact on us by the ReThug proposal is awful.  You can go here to see a map of the U.S. congressional districts & how the plan affects each district. It's a good resource.
High(LOW)lights of the plan as if affects us:
For those currently enrolled:
Increase prescription drug costs for 6,200 Medicare beneficiaries in the district who enter the Part D donut hole, forcing them to pay an extra $61 million for drugs over the next decade.
Eliminate new preventive care benefits for 125,000 Medicare beneficiaries in the district.

For the younger folk:
Deny 480,000 individuals age 54 and younger in the district access to Medicare’s guaranteed benefits.  
Increase the out-of-pocket costs of health coverage by over $6,000 per year in 2022 and by almost $12,000 per year in 2032 for the 120,000 individuals in the district who are between the ages of 44 and 54.
Require the 120,000 individuals in the district between the ages of 44 and 54 to save an additional $28.0 billion for their retirement – an average of $182,000 to $287,000 per individual – to pay for the increased cost of health coverage over their lifetimes.  Younger residents of the district will have to save even higher amounts to cover their additional medical costs.  
Raise the Medicare eligibility age by at least one year to age 66 or more for 64,000 individuals in the district who are age 44 to 49 and by two years to age 67 for 362,000 individuals in the district who are age 43 or younger.   
& here are the things that the ReThugs plan to do to the people already on Medicare:
Higher drug cost
Elimination of new preventive care benefits.

& the future, what future
Elimination of Medicare’s guaranteed benefits. 
Increased annual costs Increased retirement burden.
Increase the Medicare eligibility age.

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