CBO: Seniors would pay much more for Medicare under Ryan plan

By Julie Appleby, Mary Agnes Carey and Laurie McGinley | Kaiser Health News

WASHINGTON — Seniors and people with disabilities would pay much more for Medicare under a new plan by Republicans in the House of Representatives that's aimed at curbing the nation's growing budget deficit, a Congressional Budget Office analysis shows.

For example, by 2030, typical 65-year-olds would be required to pay 68 percent of the cost of their coverage, which includes premiums, deductibles and other out-of-pocket costs, according to the CBO. They'd pay 25 percent under current law, the CBO said.