Some didn’t notice that Romney proposed a defined benefit

Mary Agnes Carey and Marilyn Werber Serafini of Kaiser Health News did not understand Mitt Romney’s Medicare proposal. They write,

But by giving beneficiaries a fixed amount of money to buy that government coverage, it is clear that Romney’s plan would move Medicare from a “defined benefit” program that pays a share of all medical bills a senior incurs.

No, it is not clear. In fact, that’s not at all what Romney proposed. His fact sheet says he wants to

[g]ive future seniors a choice between traditional Medicare and many other healthcare plans offering at least the same benefits. (Emphasis mine.)

That, in bold, is exactly what a defined benefit is, or a defined minimum benefit anyway. Are Carey and Sarafini worried that private plans will offer more than the minimum benefit for the same price? I don’t think so.

I often turn to KHN for my health policy news. This is very disappointing coverage.

Share on twitter
Share on facebook
Share on linkedin
Share on reddit
Share on email

Hidden information below

Subscribe

* indicates required
Email Format