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Paying More for Less: Premium Support

April 2013

Since 1965, Medicare has ensured guaranteed health care benefits for older adults and people with disabilities. As policymakers grapple with how to reduce the nation’s deficit, many are looking to Medicare for savings. Unfortunately, some of the most discussed Medicare proposals share a common theme: forcing people with Medicare to pay more for less health security.

One such proposal would privatize Medicare by providing beneficiaries a voucher (or premium support) to purchase health coverage…