Mr. T Posted September 12, 2010 Report Share Posted September 12, 2010 How ObamaCare Guts Medicare The president's pledge that 'If you like your health plan, you will be able to keep it' clearly does not apply to America's seniors The Democratic Senatorial Campaign Committee has attacked Senate Republican candidates for wanting "to end Medicare as we know it." And in Nevada's hotly contested Senate race, Majority Leader Harry Reid is attacking Republican Sharron Angle, saying she wants to "gut" Medicare. But Mr. Reid has already gutted it. He and his colleagues did so by passing ObamaCare. In his analysis accompanying the recently released Annual Report of the Medicare Board of Trustees, Richard Foster, Medicare's chief actuary, noted that Medicare payment rates for doctors and hospitals serving seniors will be cut by 30% over the next three years. Under the policies of the Patient Protection and Affordable Care Act, by 2019 Medicare payment rates will be lower than under Medicaid. Mr. Foster notes that by the end of the 75-year projection period in the Annual Medicare Trustees Report, Medicare payment rates will be one-third of what will be paid by private insurance, and only half of what is paid by Medicaid. Altogether, ObamaCare cuts $818 billion from Medicare Part A (hospital insurance) from 2014-2023, the first 10 years of its full implementation, and $3.2 trillion over the first 20 years, 2014-2033. Adding in ObamaCare cuts for Medicare Part B (physicians fees and other services) brings the total cut to $1.05 trillion over the first 10 years and $4.95 trillion over the first 20 years. These draconian cuts in Medicare payments to doctors, hospitals and other health-care providers that serve America's seniors were the basis for the Congressional Budget Office's official "score"—repeatedly cited by the president—that the health-reform legislation would actually reduce the federal deficit. But Mr. Obama never disclosed how that deficit reduction would actually be achieved. There will be additional cuts under ObamaCare to Medicare Advantage, the private option to Medicare that close to one-fourth of all seniors have chosen for their coverage under the program because it gives them a better deal. Mr. Foster estimates that 50% of all seniors with Medicare Advantage will lose their plan because of these cuts. Mr. Obama's pledge that "If you like your health plan, you will be able to keep it" clearly does not apply to America's seniors. Moreover, there will be additional cuts to Medicare adopted by bureaucrats at the Medicare Independent Payment Advisory Board. ObamaCare empowers this board to close Medicare financing gaps by adopting further Medicare cuts that would become effective without any congressional action. Mr. Foster reports that "The Secretary of HHS is required to implement the Board's recommendations unless the statutory process is overridden by new legislation." The drastic reductions in Medicare reimbursements under ObamaCare will create havoc and chaos in health care for seniors. Many doctors, surgeons and specialists providing critical care to the elderly—such as surgery for hip and knee replacements, sophisticated diagnostics through MRIs and CT scans, and even treatment for cancer and heart disease—will cease serving Medicare patients. If the government is not going to pay, then seniors are not going to get the health services, treatment and care they expect. WSJ Article Link to comment Share on other sites More sharing options...
calfoxwc Posted September 13, 2010 Report Share Posted September 13, 2010 This is a very serious problem. Obamao and co. want to chicago style BUY VOTES. that's why the illegal immigrants... they want them to here and be citizens, permanently dependent on the Dem party. That's why all the lies one way, and lies the other way. It's a dangerous, divisive game they are playing, come hell or high water. And the Hecks of the country will sit back and parrot the marxist learnings they gleaned from college. Sad. On the upside, most of America sees the damage, and the danger, and the fraud. "Transparent" administration. What a colossal freakin pitiful, not funny at all joke on EVERYBODY who voted for this whole mess. Link to comment Share on other sites More sharing options...
Mr. T Posted September 13, 2010 Author Report Share Posted September 13, 2010 The Obama's and the rest who believe they are the elite, do not give a crap about those they represent. Everything they do is self centered so they will stay in power. Link to comment Share on other sites More sharing options...
calfoxwc Posted September 13, 2010 Report Share Posted September 13, 2010 It's a sickness, a personality disorder of sorts I think.... elitism - being a "glorious" part of some anti-status quo group that makes no sense, but it soars their fragile and damaged egos higher than the sky. Kinda like the members of the manson family... they were so judgemental, and happy, and proud and.... sick. It makes them feel very, very, very special. Link to comment Share on other sites More sharing options...
Westside Steve Posted September 14, 2010 Report Share Posted September 14, 2010 It's a sickness, a personality disorder of sorts I think.... elitism - being a "glorious" part of some anti-status quo group that makes no sense, but it soars their fragile and damaged egos higher than the sky. Kinda like the members of the manson family... they were so judgemental, and happy, and proud and.... sick. It makes them feel very, very, very special. Plus they get to be as hateful as they like all under the banner of righteousness. The political hat trick. WSS Link to comment Share on other sites More sharing options...
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