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LIE #8: Mitt Romney Will Cost Medicare Beneficiaries

- September 5, 2012

THE LIE: John Larson Says The Romney-Ryan Medicare Plan Will Cost Seniors.

THE REALITY: President Obama Is The Only One Running For President Who Has Cut Medicare By $716 Billion.

President Obama Cut $716 Billion From Medicare To Pay For Obamacare - Which Will Impact Benefits For Today's Seniors:

According To The Nonpartisan Congressional Budget Office, Obamacare Cuts $716 Billion From Medicare. (Congressional Budget Office, Letter To Speaker John Boehner, 7/24/12)

  • The Miami Herald : "Obama's $700 Billion Medicare-Cut Problem" (Marc Caputo, "Obama's $700 Billion Medicare-Cut Problem," The Miami Herald, 8/12/12)

Obamacare's Cuts Will Cause Enrollment In Medicare Advantage To "Plummet By About 50 Percent" And Leave Seniors With "Higher Out-Of-Pocket Costs." "In addition to flagging provider cuts as potentially unsustainable, the report [HHS] projected that reductions in payments to private Medicare Advantage plans would trigger an exodus from the popular alternative. Enrollment would plummet by about 50 percent. Seniors leaving the private plans would still have health insurance under traditional Medicare, but many might face higher out-of-pocket costs." (Ricardo Alonso-Zaldivar, "Report Says Health Care Will Cover More, Cost More," The Associated Press, 4/23/10)

FactCheck.org, On Medicare Under President Obama: "The Promise That 'Benefits Will Remain The Same' Is Just As Fictional As The Town Of Mayberry…" "Currently, about 1 in every 4 Medicare beneficiary is enrolled in a Medicare Advantage plan. For many of them, the words in this ad ring hollow, and the promise that 'benefits will remain the same' is just as fictional as the town of Mayberry was when Griffith played the local sheriff." (Brooks Jackson, "Mayberry Misleads On Medicare," FactCheck.org, 7/31/10)

Mitt Romney's Plan For Medicare Will Protect Benefits For Today's Seniors And Preserve The Program For Future Retirees:

Under Mitt Romney's Proposal, Premium Support Is Set At A Level That Guarantees All Seniors Affordable Access To Insurance Plans At Least As Good As Current Medicare. "His goal is for Medicare to offer every senior affordable options that provide coverage and service at least as good as what today's seniors receive. Lower income seniors in the future will receive the most generous benefits to ensure that they are able to get care every bit as good as that provided in the current Medicare program." ("Medicare," MittRomney.com, Accessed 7/20/12)

Mitt Romney: "There Will Be No Change For Those At Or Near Retirement." "Tax hikes are off the table, and there will be no change for those at or near retirement. But younger generations will enter a system strengthened for the 21st century." (Gov. Mitt Romney, Remarks At The Detroit Economic Club, Detroit, MI, 2/24/12)

FactCheck.org: "It's Speculation For Obama To Imply That Seniors Would Pay More." "It's speculation for Obama to imply that seniors would pay more under Ryan's plan, or that private plans would find ways to cherry-pick healthy individuals. The outline of the proposal says that wouldn't happen, and even CBO says it can't predict what exactly would occur." ("Fall Preview: Obama vs. Romney (And Ryan)," FactCheck.org, 4/6/12)


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