Obama Hits Romney with New Medicare Study

By: AP Email
By: AP Email

ORLANDO, Fla. (AP) - President Barack Obama is drawing fresh attention to Medicare in all-important Florida, seizing on an election-year issue that's been more favorable to Democrats.

Campaigning for a second day in a state where older voters and workers approaching retirement hold sway, Obama was expected to highlight a study by a Democratic leaning group that concluded that on average a man or woman retiring at age 65 in 2023 would have to pay $59,500 more for health care over the length of their retirement under Mitt Romney's plan.

The numbers are even higher for younger people who retire later, the study found. A person who qualifies for Medicare in 2030 - today's 48-year-old - would see an increase of $124,600 in Medicare costs over their retirement period.

The study was conducted by David Cutler, a Harvard professor and health policy expert who served in the Clinton administration and was Obama's top health care adviser during the 2008 presidential campaign. Cutler conducted the study for the liberal Center for American Progress Action Fund.


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