Comparing the Republican Medicare Voucher Plan and the Medicare Prescription Drug Benefit
May 13, 2011
Claim: The Republican plan to convert Medicare into vouchers or premium support for the purchase of private insurance is like Medicare's prescription drug benefit (Part D).
"The premium-support model would operate similar to the way the Medicare prescription drug benefit program works today."
Facts: The Republican voucher plan is different than Medicare Part D because it lacks the guarantees and protections that exist in Part D. However, it does reflect many inefficient and costly aspects of Part D.