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Paul Ryan's Slick Healthcare Plan
Economic Policy Journal.com ^ | Robert Wenzel

Posted on 08/12/2012 10:42:36 PM PDT by Praxeologue

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After reading today's National Review article by Yuval Levin, I did some research and concluded that the Ryan plan won't result in savings. The premium-support for someone with a pre-existing condition or who is "older" would be set by the government, not the market. Premium-support would be higher for "the poor". Waiting ten years and then grandfathering everyone at that point is political optics, delaying any potential savings for one to three decades. Here's a comment to the national Review article:

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!

The more I consider the Ryan plan, now the Romney/Ryan plan, the more it looks like an attempt to deceive fiscal conservatives, get them out to vote in November, and then continue with the big government nanny state program.

1 posted on 08/12/2012 10:42:50 PM PDT by Praxeologue
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To: Kennard

Already read this article. It was tweeted by a few Ron Paul supporters then it went viral among the democrats. The dems are probably flooding Facebook with this article now as we speak.


2 posted on 08/12/2012 10:52:05 PM PDT by tsowellfan (Voting for Obama/Biden is like purposely swallowing two tapeworms)
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To: tsowellfan

Partisanship aside, the critiques of Ryan’s plan that I have read are authored by free enterprisers, not by big government types. You appear to be cautioning me not to provide fodder for the opposition. My concern is that the plan does not reduce federal government expenditures, leaving us hurtling toward the fiscal cliff at the same rate as would Obama. I am surely not going to remain silent about that.


3 posted on 08/12/2012 10:58:34 PM PDT by Praxeologue
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To: Kennard; All

Interesting thought about “Death Panels”. Now there will only be a committee of 15 that we will all know about and can criticize. Previously, every insurance company that could choose to reject anyone with any level of previous condition has been functioning as its own little hidden anonymous Death Panel.


4 posted on 08/12/2012 11:01:16 PM PDT by gleeaikin
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To: Kennard

The big difference is putting choice and price-based decisions in the hands of the consumer. That’s the first step in any sane cost reducing, free market solution.

A distinction apparently lost in this analysis.


5 posted on 08/12/2012 11:02:30 PM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: D-fendr
The big difference is putting choice and price-based decisions in the hands of the consumer. That’s the first step in any sane cost reducing, free market solution.

... except for "the sick", i.e. pre-existing conditions, except for "the old" and except for "the poor". Their premium support will still be determined by the government. You can expect that millions will then vie to be treated as poor, old or sick. I fail to see the cost-reduction incentive.

6 posted on 08/12/2012 11:09:04 PM PDT by Praxeologue
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To: Kennard

True “free enterprisers” would herald introducing choice and competition.


7 posted on 08/12/2012 11:09:21 PM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: Kennard
"I'm Barack 0bama, and I approve Kennard's message, lol"

(hey, 4 more years baby, *4* more years! Keep them anti-Ryan messages comin'!)
8 posted on 08/12/2012 11:18:11 PM PDT by mkjessup
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To: Kennard

The incentive is from introducing free market conditions. When the person consuming the product chooses the producer of the product who is competing with other producers of the same product. Unlike it is now.


9 posted on 08/12/2012 11:18:40 PM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: Kennard

How much do you think an insurance co would charge for someone with Type 2 diabetes, history of cancer, 75 years old, etc.? There will always be certain people who will be uninsurable. We can let them die or go bankrupt - and you can make that philosophical argument. Or, you can accept the political reality that a baseline safety net will be in place.


10 posted on 08/12/2012 11:23:31 PM PDT by Lou Budvis
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To: mkjessup

So it’s “shut up and join the RR train” or get tarred, is it?


11 posted on 08/12/2012 11:24:22 PM PDT by Praxeologue
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To: D-fendr
The incentive is from introducing free market conditions.

That worked in Ryan's first plan, but not in his watered-down March plan.

12 posted on 08/12/2012 11:27:40 PM PDT by Praxeologue
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To: Kennard

13 posted on 08/12/2012 11:28:52 PM PDT by JoeProBono (A closed mouth gathers no feet - Mater tua caligas exercitus gerit ;-{)
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To: Kennard

It works in both plans.

You either move toward free market or single payer. That’s the choice in this election. Which direction will this nation take?


14 posted on 08/12/2012 11:29:20 PM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: Kennard
... except for "the sick", i.e. pre-existing conditions, except for "the old" and except for "the poor".

Medicare doesn't recognize pre-existing conditions or age.

Doubtless, the insurance companies competing for the voucher would be under the same restriction -- just as Medicare's supplemental insurances already are.

15 posted on 08/12/2012 11:29:36 PM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE002)
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To: Kennard
So it’s “shut up and join the RR train” or get tarred, is it?

Ask yourself if you are, in effect helping the Kenyan Usurper and his goons to achieve a second term by regurgitating crap like this from Robert Wenzel, gleefully calling Paul Ryan a scammer and his approach to health care no different than 0bamaCare.

Nobody's forcing you to get on the RR train, but if you're going to throw railroad ties across the rails, it is clear who is going to benefit from that.

Send your invoice for services rendered to:

0bama for America
1600 Pennsylvania Ave
Washington, DC 20666


16 posted on 08/12/2012 11:32:38 PM PDT by mkjessup
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To: Lou Budvis
accept the political reality ... a baseline safety net

In essence, the Ryan plan offers a market-priced subsidy, but, if that isn't enough, then the government will pay more. How do you see that saving money?

The March Ryan plan was so vague that, unlike its prior iterations, it could not be scored by the Congressional Budget Office. It was tailored for the political season.

17 posted on 08/12/2012 11:35:56 PM PDT by Praxeologue
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To: mkjessup

I welcome debate on how fast and how far when it comes to this nation’s severe economic problems.

But rear guard action now? No. We don’t have the luxury of that debate. Now is the time to fight, to join any and all allies in the fight.


18 posted on 08/12/2012 11:39:07 PM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: mkjessup

You, and the smears you bring, are the kind of crap Jim Robinson has been warning about.

Just because someone has facts you do not like, tough shit. Don’t shoot the messenger!

YOU MUST LISTEN TO FACTS YOU DO NOT LIKE. IT IS THE ONLY WAY TO RECOGNIZE WHEN THESE SCUM-SUCKING POLITICIANS’S LIE TO US. THEN WE HOLD THEIR FEET TO THE FIRE!

Neither Kennard nor I support Obama.


19 posted on 08/12/2012 11:39:27 PM PDT by SatinDoll (NATURAL BORN CITZEN: BORN IN THE USA OF CITIZEN PARENTS.)
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To: okie01
Medicare doesn't recognize pre-existing conditions or age.

True, but we cannot afford Medicare in its current form, largely because it encourages waste and inefficiency.

20 posted on 08/12/2012 11:42:34 PM PDT by Praxeologue
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