Posted by Tina
After 40, 50 or more years of working and paying into the Medicare fund seniors are being told to kiss what was promised goodbye. Doctors, hospitals and clinics also get the shaft:
WSJ
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.
After years of accusing Republicans of trying to “gut” social programs or “take” medicare from seniors is this the best they could do to “reform” the health care system? What thoughtless, hypocrites!
And how about those accounting tricks used to sell this piece of garbage to the public? Unfortunately, the public should have known better! The very idea that adding 30,000 people to the government healthcare system would cost less and still “reduce the deficit” is so bogus…a total fiction. What liars!
No, but it is what I expected.
Very smart of you Quentin.
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