More Evidence That Seniors Are on the Losing End of ObamaCare
Medicare Cuts Lead to Higher Costs, Fewer Services
President Obama Promised to ‘Strengthen Medicare and Extend the Life of That Program’:
“We agree on reforms that will finally reduce the costs of health care. Families will save on their premiums; businesses that will see their costs rise if we do nothing will save money now and in the future. This plan will strengthen Medicare and extend the life of that program. And because it gets rid of the waste and inefficiencies in our health care system, this will be the largest deficit reduction plan in over a decade. Now, I just want to repeat this because there's so much misinformation about the cost issue here. You talk to every health care economist out there and they will tell you that whatever ideas are -- whatever ideas exist in terms of bending the cost curve and starting to reduce costs for families, businesses, and government, those elements are in this bill.’” (Office of the Press Secretary, “Remarks by the President After Meeting with Senate Democrats,” whitehouse.gov, 12/15/2009)
RED ALERT: Seniors Forced To Pay For Government Healthcare Takeover In More Ways Than One:
“Mark Baumann, a 44-year-old uninsured diabetic, sees in the Obama administration's health-care law a future with stable coverage to pay for his insulin shots and blood tests. That's likely to come indirectly at the expense of his mother's generous health-care plan. Humana Inc., Mary Baumann's insurer, intends to pare her ‘Medicare Advantage’ plan to make up for the smaller government payments it will soon receive as a result of the new law, leaving her with higher costs or fewer services. On the table are beefed-up co-payments and premiums, as well as the loss of perks such as her free membership at a health club…The health overhaul diverges by tapping a program for the elderly to help provide insurance to 32 million Americans of younger generations. Nearly half the funding for the law is supposed to come from paying lower fees to hospitals, insurers and other health-care providers that participate in Medicare, the federal insurance program for Americans age 65 and older, as well as younger disabled people.” (Janet Adamy, “Health Law Augurs Transfer of Funds From Old to Young,” Wall Street Journal, 7/25/2010)