Talk of The Villages Florida - View Single Post - if medicare is forecast to be non existent in less than 12 years
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Old 08-13-2012, 09:56 PM
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Originally Posted by njbchbum View Post
blueash - you selected just one small piece of the material on factchecker re the aca...so i will post the link for all to look at the bigger picture...both the obama and romney exaggerations and misspeaks. here's just a few of them along with my thoughts:

obama said:

“if you like your plan, you can keep your plan” not true according to cbo

"the law would set minimum benefits packages" and if more than the minimum pkg is needed, folks will have to pay more for it; as opposed to their being able to receive the care their doctor determines they need and not having to paying more money for that care under the current system. and perhaps this is where charging for medicare advantage plans will com into play? that system panders to insurance companies, not to patients.

"While Medicaid will be expanded to more people, most Americans will continue to get their insurance through a private carrier." thus requiring those who pay taxes to pay more in order to support the increased number of people on the medicaid rolls.

"And by this August, nearly 13 million of you will receive a rebate from your insurance company because it spent too much on things like administrative costs and CEO bonuses and not enough on your health care." has anyone received that rebate payment? probably because the rebates to to employers. neither you nor the other 12,999,999 insureds will be receiving any rebate.

and by clarifying that the $500 billion is a "reduction in the future growth of Medicare over 10 years" can you explain how such economy is achieved if other than by reducing services, reducing payments to providers, and/or charging users a higher premium or co-pay? if you cannot, it would appear that future medicare could potentially offer users less while costing them more....no?

FactCheck.org : Romney, Obama Uphold Health Care Falsehoods
I received a rebate check of $720 or the equivalent of 13% of what I paid in annual health insurance premiums. The rebate was sent to the person who paid the costs of the premiums. I know of, at least, 20 people who received rebate checks that ranged from $7.50 to $1300.00 - depending on how much they paid for their health insurance and what percentage their health insurance company paid for benefits and health improvement services.

If you are interested, Ezra Klein had an excellent column of Medicare in today's Washington Post. Both the ACA and the "Ryan budget" project $500 billion reduction in Medicare. Also both project a growth rate of Medicare of GDP +0.5%.