by InvestorPlace Staff | March 12, 2012 5:49 pm
Today, former Massachusetts governor and Republican presidential candidate Mitt Romney turns 65. Unlike many American citizens who hit that milestone birthday, though, Romney will not be joining the Medicare program.
A source within Romney’s campaign told CNN that Romney would be forgoing Medicare in favor of continuing his private health insurance coverage.
What makes Romney’s decision interesting is his own plans for Medicare, should he be elected president. He has proposed that the eligibility age for Medicare be raised and that seniors be given the option to enroll in a private alternative to Medicare. These changes would take effect for retirees in 2022.
Health care has been a fierce point of contention between the GOP presidential candidates and President Barack Obama. If Romney manages to win the Republican Party nomination, Obama could easily use Romney’s personal health care choice as further proof that the former governor is out of touch with the so-called “99 percent.” The Romney campaign has already said in e-mail messages that Obama’s policies are “ending Medicare as we know it.”
– Benjamin Nanamaker, InvestorPlace Money & Politics Editor
The opinions contained in this column are solely those of the writer.
Want to share your own views on money, politics and the 2012 elections? Drop us a line at email@example.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.
Source URL: http://investorplace.com/investorpolitics/romney-will-not-use-medicare/
Short URL: http://investorplace.com/?p=139757
Copyright ©2014 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.