Seniors to Pay More for Medicare Under Gop Plan

Summary


WASHINGTON - Seniors and people with disabilities would pay much more for Medicare under a new plan by Republicans in the House of Representatives that's aimed at curbing the nation's growing budget deficit, a Congressional Budget Office analysis shows.

For example, by 2030, typical 65-year-olds would be required to pay 68 percent of the cost of their coverage, which includes premiums, deductibles and other out-of-pocket costs, according to the CBO. They'd pay 25 percent under current law, the CBO said.

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Seniors to Pay More for Medicare Under Gop Plan

The GOP budget proposal also would raise the eligibility age for the popular program and repeal big chunks of the health-care overhaul law that Congress approved last year.

House Budget Committee Chairman Paul Ryan, R-Wis., unveiled the fiscal 2012 budget proposal T...

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