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GOP Health Plan Risks Backlash From Seniors
This report in the WSJ by Peterson and Hackman shows how the American Health Care Act proposed by Speaker Paul Ryan provides less financial support and allows premiums to go higher for seniors approaching retirement in the 50-64 year age group. Premiums are allowed to go up 5 times that of premiums of young people in the Ryan House plan compared to 3 times in the Affordable Care Act. Subsidies in the form of tax incentives provide $2000 to younger people going up by age not income to $4000 in the Ryan House plan. By contrast someone 60 years old making $20,000 a year can get Affordable Care Act credit of $9874, and making $40,000 a credit of $6752, according to analysis by Kaiser Family Foundation. The Ryan plan makes health care costs lower for young people in an effort to bring more young people who use less services into the system to support its overall financial condition. Another feature of the Ryan Plan is that it allows only for CPI index +1% even if health care costs are rising faster. Deep cuts to Medicaid affect lower income seniors on Medicare. As a result the AARP organization representing seniors has come out in opposition to the Ryan bill. The GOP plan wants to reduce premium costs yet in the process it makes vulnerable seniors with lower incomes pay more, which is likely to hurt Republicans who won by winning a large part of the senior vote.
U.S. House Speaker Paul Ryan and the Congressional task force on topics ranging from poverty to health care to set the Republican Agenda in 2016
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House Speaker Ryan is uniting the party behind a new Republican Agenda set by task forces on topics important to voters in 2016- from poverty, the Republican plan on health care, borders and security and other areas. With the lack of policy proposals from front runner Trump, the Republicans plan to run for Congress on the basis of this agenda that all Republican members of Congress were invited to participate in. This also helps unite the party after the volatile and personality driven campaign in Republican primaries of 2016, and help fill in specifics that voters feel comfortable with.
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