pbrauer
DP Veteran
- Joined
- Jun 6, 2010
- Messages
- 25,394
- Reaction score
- 7,208
- Location
- Oregon
- Gender
- Male
- Political Leaning
- Liberal
You're wrong about Obama cutting Medicare for current seniors:Each of them, and the Roadmap, despite the differences I had with each. Like Romney, I have no interest in letting the perfect be the enemy of the good.
But that doesn't really have any impact on the fact that Obama cuts Medicare for current seniors by $716 Billion.
First things first: Neither Obama nor his health care law literally cut a dollar amount from the Medicare program’s budget.
Rather, the health care law instituted a number of changes to try to bring down future health care costs in the program. At the time the law was passed, those reductions amounted to $500 billion over the next 10 years.
What kind of spending reductions are we talking about? They were mainly aimed at insurance companies and hospitals, not beneficiaries. The law makes significant reductions to Medicare Advantage, a subset of Medicare plans run by private insurers. Medicare Advantage was started under President George W. Bush, and the idea was that competition among the private insurers would reduce costs. But in recent years the plans have actually cost more than traditional Medicare. So the health care law scales back the payments to private insurers.
Hospitals, too, will be paid less if they have too many re-admissions, or if they fail to meet other new benchmarks for patient care.
http://www.politifact.com/truth-o-m...omney-said-barack-obama-first-history-rob-me/
Rather, the health care law instituted a number of changes to try to bring down future health care costs in the program. At the time the law was passed, those reductions amounted to $500 billion over the next 10 years.
What kind of spending reductions are we talking about? They were mainly aimed at insurance companies and hospitals, not beneficiaries. The law makes significant reductions to Medicare Advantage, a subset of Medicare plans run by private insurers. Medicare Advantage was started under President George W. Bush, and the idea was that competition among the private insurers would reduce costs. But in recent years the plans have actually cost more than traditional Medicare. So the health care law scales back the payments to private insurers.
Hospitals, too, will be paid less if they have too many re-admissions, or if they fail to meet other new benchmarks for patient care.
http://www.politifact.com/truth-o-m...omney-said-barack-obama-first-history-rob-me/