Thursday, August 23, 2012

At 55 and 53, couple split by Romney Medicare plan

CHICAGO (AP) ? Mitt Romney's Medicare plan would have very different effects on couples and siblings just a few years apart in age. It's leading to comparisons ? and sometimes perhaps a touch of envy

The GOP presidential candidate wants to revamp Medicare for future retirees ? anyone now 54 and younger. Starting in 2023, they'd get a fixed amount of money from the government to pick private health insurance or a government plan like Medicare.

People now 55 and older would get Medicare as it exists today.

Mike and Sharon O'Malley, a suburban Chicago couple, are on opposite sides of that cutoff, and it's making them a little uneasy.

Mike is 55 and Sharon is 53.

Mike is relieved that he'd be covered. But Sharon is worried she'll have to pay more..

Source: http://news.yahoo.com/55-53-couple-split-romney-medicare-plan-172348532.html

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