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The Ryan Medicare Plan: Winners and Losers

Author

Listed:
  • Dean Baker
  • David Rosnick

Abstract

Representative Paul Ryan's proposed 2012 budget has been lauded as a path to prosperity, with much attetion given to his overhaul of the medicare system. Using data from the CBO analysis of the Ryan plan, this issue brief demonstrates that any savings to the government under the revamped medicare system places the burden of rising healthcare costs more squarely on the shoulders of beneficiaries.

Suggested Citation

  • Dean Baker & David Rosnick, 2011. "The Ryan Medicare Plan: Winners and Losers," CEPR Reports and Issue Briefs 2011-08, Center for Economic and Policy Research (CEPR).
  • Handle: RePEc:epo:papers:2011-08
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    File URL: http://www.cepr.net/documents/publications/ryan-medicare-2011-04.pdf
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    References listed on IDEAS

    as
    1. Mark Weisbrot & Juan Antonio Montecino, 2010. "The IMF and Economic Recovery: Is Fund Policy Contributing to Downside Risks?," CEPR Reports and Issue Briefs 2010-24, Center for Economic and Policy Research (CEPR).
    2. Mark Weisbrot & Rebecca Ray & Jake Johnston & Jose Antonio Cordero, 2009. "IMF-Supported Macroeconomic Policies and the World Recession: A Look at Forty-One Borrowing Countries," CEPR Reports and Issue Briefs 2009-37, Center for Economic and Policy Research (CEPR).
    3. Mark Weisbrot & Dean Baker & David Rosnick, 2005. "Scorecard on Development: 25 Years of Diminished Progress," CEPR Reports and Issue Briefs 2005-30, Center for Economic and Policy Research (CEPR).
    4. Dean Baker, 2010. "The Myth of Expansionary Fiscal Austerity," CEPR Reports and Issue Briefs 2010-23, Center for Economic and Policy Research (CEPR).
    5. Mark Weisbrot, 2006. "Latin America: The End of An Era," CEPR Reports and Issue Briefs 2006-31, Center for Economic and Policy Research (CEPR).
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Medicare; Ryan; budget;

    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • I - Health, Education, and Welfare
    • I1 - Health, Education, and Welfare - - Health
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • H - Public Economics
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

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