The conservative plan to destroy Medicare and privatize Social Security
“To deal with these two programs Levin and Capretta propose solutions which will either make things worse or have nothing at all to do with deficits as such. In the first category is their idea to abolish Medicare and replace it with something akin to ObamaCare, strictly means-tested and with sharply higher premiums than seniors are currently paying. They blame the price problem entirely on Medicare’s ‘vast and arcane system of rules’ and overutilization driven by its fee-for-service structure, and assert that an ObamaCare-style private insurance market will keep prices down. They cite Medicare Advantage, in which services are contracted out to private insurers, as a model worthy of emulation.”