In a new report issued by the nonpartisan Kaiser Family Foundation, it was determined that roughly six out of ten Medicare beneficiaries would pay higher premiums under Romney's privatized system. The study was modeled around Romney's proposal, but Kaiser acknowledged that it should not be taken as a full analysis because Romney has not revealed all of the details of his plan yet.
There are some notable distinctions. While Romney's plan allows current recipients and those ten years from retirement the option to stay in the current system, the study by Kaiser analyzes a privatization plan that is already in place. The report also did not factor in Romney's promise of providing additional financial help to low-income seniors and those in poor health because Kaiser did not have enough details.
Here are some specific findings from the study:
"Overall, the study found that 59 percent of all Medicare recipients would face higher premiums if they stick with their current coverage, including about half of those in the traditional program.This study admittedly does not cover every nuance of Romney's plan, but it does provide a nonpartisan view of the potential results of Romney's Medicare plan.
In five states — California, Connecticut, Florida, New Jersey and Nevada — more than 45 percent of beneficiaries would pay at least $100 a month more in premiums."