Sunday, October 14, 2012

NY Times Column

http://www.nytimes.com/2012/10/09/opinion/brooks-the-policy-verdict-i.html?partner=rssnyt&emc=rss&_r=0


Ethos-credit
Pathos-emotion
Logos-logic
·         Congressional Budget Office (medicare cost) and study
·         Urban Institute (medicare taxes)
·         Journal of the American Medical Association (published study)
·         RAND Corporation (study)
·         Senator John Breaux
·         Democrat Alice Rivlin
·         Republican Pete Domenici
·         Senator Ryan Wyden
·         Demonstration project in Denver
 
·         “sucking away money from other government programs” despair, worried
·         How much we pay->unfair,
·         Mixed emotions (wanting to help others but taking away from the rest of America)
·         Having a voice
·         “should weigh on conscience of every American over 55
·         (today) medicare costs $550 billlion
·         By 2020, $1 trillion
·         Average couple in 2010 paid $109,000 in medicare taxes but would be able to receive about $343,00 in benefits
·         Chunk of that $234,00 gap paid for by their grandchildren
·         1997-2005 medicare payments fell by 5%-total spent 35%
·         Ryan-wyden in 2006 & 2009 costs reduced by 9%, no reduction in benefits
·         Project in Denver: private plans bid 25%-38% less than government-determined payment rates
·         2006 voucher approach-30% below early estimates
·         RAND incentive monitor-14% less costs

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