CBO: Obamacare Cuts Your Medicare Benefits » The Foundry

CBO: Obamacare Cuts Your Medicare Benefits » The Foundry.

Posted September 23rd, 2009 at 1.02pm in Health Care.

President Barack Obama has promised Americans on multiple occasions that his health care plan would not cut benefits for Medicare enrollees. For example, on August 11th Obama promised: “I just want to be clear, again: Seniors who are listening here, this does not affect your benefits. This is not money going to you to pay for your benefits; this is money that is subsidizing folks who don’t need it.”

We pointed out at the time that Obama’s statement is simply not true. Yesterday, Associated Press reported:

The head of the nonpartisan Congressional Budget Office, Douglas Elmendorf, told senators Tuesday that seniors in Medicare’s managed care plans would see reduced benefits under a bill in the Finance Committee.

The bill would cut payments to the Medicare Advantage plans by more than $100 billion over 10 years.

Elmendorf said the changes would reduce the extra benefits that would be made available to beneficiaries.

Heritage fellow Bob Moffit details just what the benefits are, including:

  • prescription drug coverage
  • preventive-care services
  • coor­dinated care for chronic conditions
  • routine physical examinations
  • additional hospitalization
  • skilled nursing facility stays
  • routine eye and hearing examinations
  • glasses and hearing aids

Moffit continues:

Medicare Advantage has several features that are superior to previous private health plan experiments: an improvement in financing and a greater level of market penetration and stability than Medicare Plus Choice. Most important, it gives senior and disabled citizens new and different private health plan options, more affordable care, and broader and better benefits, including care management programs and prescrip­tion drug coverage.

While these Medicare Advantage features are substantial improvements over traditional Medi­care, the next stage of reform must also make the total program affordable, modernize its insurance arrangements, and improve the delivery of medical services.

For future generations to be able to afford Medi­care, the program will have to be restructured and reformed. For that reform to be successful, Con­gress will have to reform the existing payment sys­tem and provide a fixed-contribution system of premium support, properly adjusted, for each ben­eficiary.

One response to “CBO: Obamacare Cuts Your Medicare Benefits » The Foundry

  1. BH Obama should be impeached for treason. His actions are those of a left wing socialist in a bid to take over a democratic country.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s