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SENTRY JOURNAL » Uncategorized » Is Obama propping up Medicare Advantage until after the election?

Is Obama propping up Medicare Advantage until after the election?

The Democrats are screaming that Paul Ryan’s plan to save Medicare will gut Medicare and kill grandma and grandpa.  The problem with that argument is that the Democrats have already dealt a serious blow to Medicare Advantage when they rammed Obamacare  through Congress back in March 2010.  The American Healthcare Education Coalition (AHEC) is a national non-profit, public-interest organization that pushes for free market solutions to our healthcare issues.  They analyzed the impact Obamacare would have on Medicare Advantage and below is an except from their study.

The cuts to Medicare Advantage begin right away, with payment rates frozen in 2011 at their 2010 levels.  The reimbursement rates for doctors continue to decline; between 2012 and 2017, the law phases in a new formula for setting maximum MA payments by region. This new formula will dramatically lower MA payments in every region of the country. The new law also makes large cuts to the payment rates for hospitals and other medical providers in the government-managed fee-forservice Medicare program, and a portion of these cuts automatically gets passed through to MA plans as well in the form of even lower maximum rates.

Facing these steep cuts, insurance companies that offer MA plans will be forced to make adjustments in their coverage, raise their premiums, increase their deductibles and co-payments, or eliminate many benefits. In response to ObamaCare’s new rules, some plans have already exited the market altogether, taking away many of seniors’ options for Medicare Advantage plans.

Furthermore, the Democrats consistently stressed before the passage of the law that anyone who liked his or her health insurance plan would be able to keep it under the new law. For millions of seniors who lose their Medicare Advantage plans, which rate highly for satisfaction among seniors, this promise now rings hollow.

Before ObamaCare passed, the chief actuary for Medicare expected MA enrollment to increase to about 14.8 million in 2017. Now, however, after passage, the chief actuary for Medicare predicts MA enrollment to fall to 7.4 million in 2017.

You can find the study here>>

It now appears that the President’s administration is trying to prop up Medicare Advantage until after the election by devising a way to divert $8 billion from the Medicare slush fund to postpone the cuts for 2012 and temporarily restore Medicare Advantage funds.  This smoke and mirrors tactic is designed to hide the fact that Obamacare severely guts Medicare Advantage, thus creating the illusion for senior citizens in an election year that the popular insurance plan is safe under Obamacare.  Nothing could be further from the truth.  You can read the entire article here>>

This is what this administration is about, smoke and mirrors.  They can’t run on their record and they definitely can’t run on Obamacare.  And they can’t afford losing the senior vote in what will be a very close election.  So what do they do?  They pull the wool over the eyes of our seniors.  How pathetic is that.  I hope someone in congress investigates this sham.

Liberty forever, freedom for all!

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Comments
  • LD Jackson April 24, 2012 at 4:57 AM

    I wrote about this yesterday. In that post, I speculated about the possibility that the bonuses were politically motivated. For what it’s worth, the Government Accountability Office has recommended ending the bonus program. We’ll see if the Obama administration follows through with that recommendation.
    LD Jackson recently posted..National Institutes of Health Funds Gay Porn SiteMy Profile

    • John Carey April 24, 2012 at 6:21 AM

      I did see that the GAO feels its a colossal waste of money. I guess it depends on your perspective. If it helps continue the grand illusion that Medicare Advantage is safe and good to go, then maybe it’s not a waste of money. I personally believe its nothing more than Chicago style politics.
      John Carey recently posted..Is Obama propping up Medicare Advantage until after the election?My Profile

  • […] For more on the issue of the bonuses to the Medicare Advantage program, please read John Carey’s post at Sentry Journal. […]

  • […] The cuts to Medicare Advantage begin right away, with payment rates frozen in 2011 at their 2010 levels.  The reimbursement rates for doctors continue to decline; between 2012 and 2017, the law phases in a new formula for setting maximum MA payments by region. This new formula will dramatically lower MA payments in every region of the country. The new law also makes large cuts to the payment rates for hospitals and other medical providers in the government-managed fee-forservice Medicare program, and a portion of these cuts automatically gets passed through to MA plans as well in the form of even lower maximum rates.Source: sentryjournal.com […]

  • Steve Dennis April 24, 2012 at 7:07 AM

    And meanwhile we continue down the path of fiscal ruin and nobody is going to do anything about it other than hide the decline because they are too worried about losing their reelection.
    Steve Dennis recently posted..Allen West claims the Muslim Brotherhood is influencing national securityMy Profile

    • John Carey April 24, 2012 at 10:16 PM

      It’s quite frustrating because as you said, they all see it coming, nobody has the courage to deal with it. If this is the kind of people we’re sending to Washington DC these days, or should I say resending back each time then what does that say about us? We know there are politicians in DC who support socialist ideas and progressive/communist policies. Why do we continue to elect these enemies against liberty and freedom? I don’t get it.
      John Carey recently posted..Is Obama propping up Medicare Advantage until after the election?My Profile

  • silverfiddle April 24, 2012 at 7:54 AM

    Of course he is, and this insidious thing about it is, both sides play this game, so the opposition doesn’t want to blow the whistle and expose the scam
    silverfiddle recently posted..George Zimmerman Not GuiltyMy Profile

  • Jim at Conservatives on Fire April 24, 2012 at 2:13 PM

    This is a blatant attempt to buy votes. If the House Republicans don’t stop this, there is no hope for America.
    Jim at Conservatives on Fire recently posted..Don’t Blame Third Party Voters If Obama Is ReelectedMy Profile

  • […] […] The cuts to Medicare Advantage begin right away, with payment rates frozen in 2011 at their 2010 levels.  The reimbursement rates for doctors continue to decline; between 2012 and 2017, the law phases in a new formula for setting maximum MA payments by region. This new formula will dramatically lower MA payments in every region of the country. The new law also makes large cuts to the payment rates for hospitals and other medical providers in the government-managed fee-forservice Medicare program, and a portion of these cuts automatically gets passed through to MA plans as well in the form of even lower maximum rates.Source: sentryjournal.com […]Source: sentryjournal.com […]

  • […] […] […] The cuts to Medicare Advantage begin right away, with payment rates frozen in 2011 at their 2010 levels.  The reimbursement rates for doctors continue to decline; between 2012 and 2017, the law phases in a new formula for setting maximum MA payments by region. This new formula will dramatically lower MA payments in every region of the country. The new law also makes large cuts to the payment rates for hospitals and other medical providers in the government-managed fee-forservice Medicare program, and a portion of these cuts automatically gets passed through to MA plans as well in the form of even lower maximum rates.Source: sentryjournal.com […]Source: sentryjournal.com […]Source: sentryjournal.com […]

  • […] […] […] […] The cuts to Medicare Advantage begin right away, with payment rates frozen in 2011 at their 2010 levels.  The reimbursement rates for doctors continue to decline; between 2012 and 2017, the law phases in a new formula for setting maximum MA payments by region. This new formula will dramatically lower MA payments in every region of the country. The new law also makes large cuts to the payment rates for hospitals and other medical providers in the government-managed fee-forservice Medicare program, and a portion of these cuts automatically gets passed through to MA plans as well in the form of even lower maximum rates.Source: sentryjournal.com […]Source: sentryjournal.com […]Source: sentryjournal.com […]Source: sentryjournal.com […]