Washington, D.C.–(ENEWSPF)–March 13, 2013. An analysis released yesterday by the Center for American Progress finds that like last year, Rep. Paul Ryan’s (R-WI) misguided budget blueprint would not only create a death spiral—in which less-healthy beneficiaries leave the traditional Medicare plan, causing premiums to rise and resulting in more beneficiaries leaving the program—but it would also result in substantially higher premiums for seniors, forcing them to pay as much as $1,200 more each year by 2030, and as much as $5,900 more each year by 2050.
