Lonegan: Medicare will be saved by providing choices
The following op-ed on Medicare by state director Steve Lonegan recently appeared in the Asbury Park Press.
Both President Barack Obama and Republican vice presidential candidate Paul Ryan have plans for fixing the unsustainable Medicare system, but the distinction isn’t who ends it and who keeps it. It’s a question of choice versus control.
Everyone agrees that Medicare must be reformed. Medicare spending more than doubled over the last decade, costing $545 billion in 2011. It’s projected to be almost $1 trillion a year by the end of the decade. Medicare’s own trustees predict its trust fund will be bankrupt in 2024.