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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.