Senate “Deal” Could Result in Higher Premiums

The New York Times examines the much talked about “deal” that is being analyzed by the Congressional Budget Office (CBO).

Here are few key excerpts:

“Senate Democrats have provided few details about their latest health care proposal, but this much seems clear: Anyone who wants to buy the same health benefits as members of Congress, or to buy coverage through Medicare, should be prepared to fork over a large chunk of cash.”

“But Mr. Francis warned against the Medicare buy-in proposal, which he said would undermine the new national plans and would leave people nearing retirement with insufficient coverage.”

“Marilyn Moon, a health economist and former public trustee of Medicare, said that for people 55 to 64, Medicare premiums could be higher than premiums charged by private health plans.”

“Health policy experts said that the people who chose to enroll in Medicare were likely to be heavy users of health care, with higher-than-average costs.”

For the full article, click here.

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