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Thomas Ravenel on Social Security

 

 


Opt out of Medicare without forfeiting Social Security

For Medicare, I believe premiums should be means-tested for seniors based on their lifetime income. There should be less government coercion and more individual freedom in Medicare. For example, if a senior opted out of Medicare that senior would automatically forfeit all of his or her Social Security benefits! Also, if a doctor were to accept a senior patient who is not a Medicare enrollee, that doctor would automatically forfeit all of his or her Medicare patients. This is patently wrong, especially in a country that claims to be the "Land of the Free."

Seniors should be able to opt out of Medicare and instead receive "means tested" vouchers to purchase private insurance. If they want a more expensive private plan they can always supplement their vouchers with private funds, just as they do now with Medigap plans.

Medicare vouchers would let the market--not central planners in Washington--determine prices, payment systems, delivery systems, and how to reward quality.

Source: 2014 S.C. Senate campaign website, RavenelForSenate.com , Sep 1, 2014

Voluntary personal accounts for younger workers

SC GOPUSA: Both Social Security and Medicare programs will completely run out of funds in 15 years. What options will you support to fix or replace these programs?

RAVENEL: I want to fix this problem by giving younger workers the opportunity--on a voluntary basis--to place a portion of the payroll taxes they are currently paying into personal investment accounts which the individual worker would own and control. These accounts would grow into very substantial savings over the 40-plus years the average person works and they would provide a far more generous retirement benefit than Social Security currently promises--and can't deliver. The accounts would be professionally managed by government-approved financial institutions that the individual worker could select. Best of all, since individual workers would own their own accounts, no politician could ever spend that money on anything else. The reforms I will advocate would have no affect on those nearing, or already retired.

Source: RalphBristol.com blog on 2014 South Carolina Senate race , Apr 5, 2014

Other candidates on Social Security: Thomas Ravenel on other issues:
SC Gubernatorial:
Nikki Haley
SC Senatorial:
Brad Hutto
Jay Stamper
Jim DeMint
Joyce Dickerson
Lee Bright
Lindsey Graham
Nancy Mace
Rick Wade
Tim Scott

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Retiring in 2014 election:
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IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
SD:Johnson(D)
WV:Rockefeller(D)

Retired as of Jan. 2013:
AZ:Kyl(R)
CT:Lieberman(D)
HI:Akaka(D)
ME:Snowe(R)
ND:Conrad(D)
NE:Nelson(D)
NM:Bingaman(D)
TX:Hutchison(R)
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GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
MT:Walsh(D)
NE:Johanns(R)
OK:Coburn(R)
SD:Johnson(D)
WV:Rockefeller(D)

Senate races Nov. 2014:
AK: Begich(D) vs.Miller(R) vs.Treadwell(R) vs.Sullivan(R)
AL: Sessions(R,unopposed)
AR: Pryor(D) vs.Cotton(R) vs.Swaney(G) vs.LaFrance(L)
CO: Udall(D) vs.Gardner(R) vs.Baumgardner(R) vs.Buck(R) vs.Hill(R) vs.Stephens(R)
DE: Coons(D) vs.Wade(R)
GA: Nunn(D) vs.Perdue(R) vs.Swafford(L) vs.Kingston(R) vs.Gingrey(R) vs.Handel(R) vs.Broun(R)
HI: Schatz(D) vs.Hanabusa(D) vs.Cavasso(R) vs.Pirkowski(R)
IA: Braley(D) vs.Ernst(R) vs.Butzier(L) vs.Whitaker(R) vs.Clovis(R)
ID: Risch(R) vs.Mitchell(D)
IL: Durbin(D) vs.Oberweis(R) vs.Hansen(L) vs.Truax(R)
KS: Roberts(R) vs.Orman(I) vs.Batson(L) vs.Wolf(R) vs.Taylor(D)
KY: McConnell(R) vs.Bevin(R) vs.Grimes(D)
LA: Landrieu(D) vs.Cassidy(R) vs.Maness(R)
MA: Markey(D) vs.Herr(R) vs.Skarin(I) vs.Gomez(R)
ME: Collins(R) vs.D`Amboise(R) vs.Bellows(D)
MI: Land(R) vs.Peters(D) vs.Wiedenhoeft(R)
MN: Franken(D) vs.McFadden(R) vs.Johnson(L) vs.Abeler(R)
MS: Cochran(R) vs.Childers(D) vs.McDaniel(R)
MT: Walsh(D) vs.Daines(R) vs.Curtis(D) vs.Rankin(I) vs.Edmunds(R) vs.Bohlinger(D)
NC: Hagan(D) vs.Tillis(R) vs.Haugh(L)
NE: Sasse(R) vs.Domina(D) vs.Haugh(L) vs.Osborn(R)
NH: Shaheen(D) vs.Brown(R) vs.Smith(R) vs.Rubens(R) vs.Testerman(R) vs.Martin(R)
NJ: Booker(D) vs.Bell(R) vs.Sabrin(R)
NM: Udall(D) vs.Weh(R) vs.Clements(R)
OK-2: Lankford(R) vs.Johnson(D) vs.Shannon(R)
OK-6: Inhofe(R) vs.Silverstein(D)
OR: Merkley(D) vs.Wehby(R) vs.Conger(R)
RI: Reed(D) vs.Zaccaria(R)
SC-2: Scott(R) vs.Dickerson(D) vs.Wade(D)
SC-6: Graham(R) vs.Hutto(D) vs.Ravenel(I) vs.Stamper(D) vs.Mace(R) vs.Bright(R)
SD: Rounds(R) vs.Weiland(D) vs.Pressler(I) vs.Howie(I)
TN: Alexander(R) vs.Ball(D) vs.Carr(R) vs.Adams(D)
TX: Cornyn(R) vs.Alameel(D) vs.Roland(L) vs.Sanchez(G) vs.Stockman(R)
VA: Warner(D) vs.Gillespie(R) vs.Sarvis(L)
WV: Capito(R) vs.Tennant(D) vs.Buckley(L) vs.Lawhorn(I) vs.Raese(R) vs.McGeehan(R)
WY: Enzi(R) vs.Cheney(R) vs.Hardy(D)
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Page last updated: Jan 09, 2015