CBO: Seniors would pay much more for Medicare under Ryan plan Read more: http://www.mcclatchydc.com/2011/04/06/111639/cbo-seniors-would-pay-much-more.html#ixzz1JGEvn2W4

http://www.mcclatchydc.com/2011/04/06/111639/cbo-seniors-would-pay-much-more.html

By Julie Appleby, Mary Agnes Carey and Laurie McGinley | Kaiser Health News

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.

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 Tuesday.

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Starting in 2022, the eligibility age for Medicare would increase by two months per year until it reached 67 in 2033.

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