Democrats on Ryan's Plan for Medicare: $6400 More?
Democrats have been claiming that Republican VP nominee Paul Ryan’s plan for Medicare will cost seniors as much as $6400 more in out of pocket expenses than the current benefit package.That’s apparently not entirely the case. This video from the Washington Post explains that the number isn’t as exact as perhaps one might think, for three reasons, according to the Post.
1. The number is only an estimate.
2. The number is in the year 2022.
3. It’s from an older version of the Ryan plan, which has been updated and in some ways falls inline with Pres. Obama’s expectations around medical inflation.
As always, any number we hear regarding medical inflation must be put in context. So it goes here.