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Edward F. Coyle is the executive director of the Alliance for Retired Americans. Coyle sends us this.
Much of the vice presidential debate hinged on a fundamental question: Does Medicare exist to protect seniors’ health or insurance companies’ wealth?
In one corner: Vice President Joe Biden, talking about how he and President Obama are lowering the price of prescription drugs, giving seniors free access to life-saving tests and screenings and strengthening Medicare’s long-term finances by cracking down on Medicare over-paying private insurance companies.
In an other corner: Rep. Paul Ryan, who wants seniors to buy their Medicare coverage directly from insurance companies.
Sitting in the debate hall last night, I had two questions: 1) Doesn’t he know that we created Medicare to spare seniors the high cost and discriminatory practices of this industry? and 2) Other than Mitt Romney and Ryan, who really thinks that insurance companies need more profit and power?
The debate gave voters a clear choice: Do we continue to improve Medicare, or do we go back to a failed, broken health care system where CEOs profit at the expense of those most in need?
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