Premium support doesn't reduce costs. It simply shifts them to seniors without the guarantee of Medicare benefits. Seniors like Medicare. Take it from me, they like the security it provides them, and it controls costs better than any private sector plan, and it costs less than any private sector plan. This is not a plan to strengthen Medicare. This is a plan to slowly drown it. The Acting CHAIR. The time of the gentleman has again expired.
Bill Pascrell: “Premium support doesn't reduce costs. It simply shifts them to seniors without the guarantee of Medicare benefits.…”
On the recordMarch 28, 2012
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