I’m not making this up… they do have a plan… here’s the link to an article in National Underwriter Life and Health.

Here’s the link to the letter from the Congressional Budget Office.

Points from the article:

  • Medicare and Medicaid would be completely revamped
  • As a result of the changes to Medicare and Medicaid, beneficiaries would likely be able to get a good plan, and thus will have access to only a very basic form of coverage.   Beneficiaries will also have to settle on a plan for themselves…that sounds like that very confusing drug plan where it was difficult for seniors to make informed decisions about what plan would be best for them.
  • The last paragraph says it best:

“It is difficult to predict how such a sweeping change in federal spending on health care would affect the behavior of insurers, health providers, and individual consumers,” Elmendorf writes. “In particular, how spending would be reduced for physicians, hospitals, advanced technological treatments, drugs, or other health care is uncertain. However, it is likely that fewer services would be provided and treatments would be less technologically advanced compared with the circumstances that would exist under the alternative fiscal scenario.”

But then, who knows what the Democrats have to offer us?

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