Rep. Guinta talks U.S. budget in Laconia
Source
http://www.fosters.com/apps/pbcs.dll/article?AID=/20110130/GJNEWS02/701309870/-1/FOSNEWS0413
Date
Media Outlet
The Citizen of Laconia
Rep. Frank Guinta explained a "defined contribution" approach to Medicare reform, as described in the Academy's Medicare Reform Options monograph. According to the Academy, a defined contribution approach means that Congress would define the level of Medicare funding provided to seniors rather than define the level of benefits provided to them. Seniors would receive a fixed dollar amount toward their health coverage, rather than receive guaranteed benefits. The individual would have to make up any difference in the cost of the private insurance plan they have chosen and the government contribution.
Share