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Guest
04-23-2012, 12:15 PM
and either those who support the health care plan OR someone famaliar with the insurance industry AND the bill can help.

Reading TWO different versions of the same story...one from the New York Times, which leans left at times and one from the New York Post, which leans right normally. Seems like the both come to a negative conclusion but it is difficult to believe that the administration would be this blatant.....

This is the lead from the Times...

"Medicare is wasting more than $8 billion on an experimental program that rewards providers of mediocre health care and is unlikely to produce useful results, federal investigators say in a new report.

The report, to be issued Monday by the Government Accountability Office, a nonpartisan investigative arm of Congress, urges the Obama administration to cancel the program, which pays bonuses to health insurance companies caring for millions of Medicare beneficiaries.

Administration officials, however, defended the project and said they would not cancel it because it could improve the quality of care for older Americans. "

This from the New York Post......same story, same subject...

"Call it President Obama’s Committee for the Re-Election of the President — a political slush fund at the Health and Human Services Department.

Only this isn’t some little fund from shadowy private sources; this is taxpayer money, redirected to help Obama win another term. A massive amount of it, too — $8.3 billion. Yes, that’s billion, with a B.

Here is how it works.

The most oppressive aspects of the ObamaCare law don’t kick in until after the 2012 election, when the president will no longer be answerable to voters. More “flexibility,” he recently explained to the Russians."


Believe it or not, they are talking about the same thing....isnt the media wonderful....

The new health care law provides that this fall, right before the election, rates paid to Medicaire Advantage is being slashed which means that seniors in that program will be sent back to the government programs. That, in many states would not be a good thing for the Obama reelection.....fussing with seniors medicaire.

SOOO...all of a sudden EIGHT BILLION dollars becomes available for the government to run an "experiment" . The experiment is...from the Times..."an experimental program that rewards providers of mediocre health care and is unlikely to produce useful results, federal investigators say in a new report. "

This money being spent...TAXPAYERS MONEY.....will surely mask the impact of the healthcare bill at a very convenient time....ie., right before the election.

The Post is calling it a slush fund....the Times is reporting that ..well this from the Times..."The report, to be issued Monday by the Government Accountability Office, a nonpartisan investigative arm of Congress, urges the Obama administration to cancel the program, which pays bonuses to health insurance companies caring for millions of Medicare beneficiaries."

AND...

"The G.A.O. said the project “dwarfs all other Medicare demonstrations” in its impact on the budget, but is so poorly designed that researchers could not tell whether the bonus payments led to improved care. As a result, it said, it is unlikely to “produce meaningful results.” Insurers can use the bonuses to offer extra benefits, like vision and dental care, or to lower premiums. "

This "experiment" is for a program that has been running for years but this little "gimmick" will surely mask this at a very opportune time.

So I ask anyone in the industry or someone who supports it to dispute the claims....frankly, if true it is extremely a very bad thing to do.

I am not sure, but this is the kind of stuff that we, as voters need to know and I would love help in recognizing whether this is a ploy or not.

EIGHT BILLION DOLLARS OF TAXPAYERS money...nothing to sneeze at.

Here are the links...

http://www.nytimes.com/2012/04/23/health/policy/gao-says-medicare-test-project-is-wasting-8-billion.html?_r=3&ref=us

President Obama’s Medicare slush fund—Benjamin E. Sasse & Charles Hurt - NYPOST.com (http://www.nypost.com/p/news/opinion/opedcolumnists/an_billion_trick_ImTBFfz7MeuZLJY7JzXEIJ)

PS....PLEASE lets not discuss the differences in the papers. The question is for me, are we being ripped off (WE=Taxpayers) to hide this before the election because if congress didnt read it, everything will be a surprise OR is this "experiment" legitimate even those this is not a new program. I feel this is important to know and I do not feel qualifed.

Guest
04-23-2012, 01:04 PM
Bucco: The reason AARP supported Obama and his Health Care Plan was because Medicare Advantage is AARP HealthCare competitor and hence AARP wanted them shut down. I was part of the Insurance Industry and had occassion to work both the property/casualty and health/life sides.

The insurance industry also supported ObamaCare primarily because it would require everyone to opt in. Secondly with government backing pricing was more predictable and hence profits higher. The Pharma's were the biggest supporters. Your post touches on only one of several land mines built into ObamaCare. Nancy Pelose never gets anything right. However when she said "we have to pass it to see what's in it (ObamaCare) she knew what she was talking about and since most of it would only activate after the 2012 election Obama could continue with the ObamaCare lie.

Guest
04-23-2012, 01:49 PM
Bucco: The reason AARP supported Obama and his Health Care Plan was because Medicare Advantage is AARP HealthCare competitor and hence AARP wanted them shut down. I was part of the Insurance Industry and had occassion to work both the property/casualty and health/life sides.

The insurance industry also supported ObamaCare primarily because it would require everyone to opt in. Secondly with government backing pricing was more predictable and hence profits higher. The Pharma's were the biggest supporters. Your post touches on only one of several land mines built into ObamaCare. Nancy Pelose never gets anything right. However when she said "we have to pass it to see what's in it (ObamaCare) she knew what she was talking about and since most of it would only activate after the 2012 election Obama could continue with the ObamaCare lie.

This entire thing is scary. How anyone could support an administration that had the nerve to do this to this country in backrooms...it is terrible. Beginning to see why he had to pay blackmail to his own party to get it passed.


JUST ON THIS ONE SINGLE ISSUE (Although there are many more)...BUT ON THIS SINGLE ISSUE, how could any one support this President or think about voting for him after doing this to our country...HOW ? I dont care if he was running against Joe Schmoo....this is absolutely terrible.

EIGHT BILLION dollars to run an "experiment" that everybody questions....EIGHT BILLION dollars from a country with our spending and deficit, for what appears to be just politics.

Guest
04-23-2012, 02:12 PM
I do not want to embarrass or anything, but there is a poster who is....shall we say..not a fan of mine who was in the insurance business and hope he will come on here and speak to this issue.

Do you realize that the money this administration wants to spend on this "experiment" is roughly 20% of what they say the Buffet Rule would bring in to our economy !!!!!!!!

I just find this hard to believe and suppose I am looking for someone who backs this bill and administration to prove me wrong because this is one of the most flagrant moves I can imagine

Guest
04-23-2012, 02:47 PM
I sure hope that more folks will add to this thread, as I find it totally shocking and I honestly want somebody to show me where I am mis reading, mis understanding or whatever because I cannot believe that somebody would spend so much time offering up the Buffit plan which is and always was a sham and then try to sneak something by us that will cost about 20% of what the great Buffet plan was to save, FOR WHAT PURPOSE.

"The money is to come from funds that Health and Human Services is allowed to use for “demonstration projects.” But to make it legal, HHS has to pretend that it’s doing an “experiment” to study the effect of this money on the insurance market.

That is, to “study” what happens when the government doesn’t change anything but merely continues a program that’s been going on for years.

Medicare Advantage: October surprise? | Questions and Observations (http://www.qando.net/?p=12883)

EIGHT BILLON DOLLARS !!!!!!

I hope the WH addresses this and has a reasonable answer, because it just seems so bizarre !

Guest
04-23-2012, 03:04 PM
I'm not going to attack or defend the fund that you've described, Bucco. I simply don't know much about it. And I'm not going to assert that $8 billion is an insignificant sum. But there probably should be some perspective...
$8.3 billion is only slightly more than 1% of the annual Medicare budget.

$8.3 billion is about .2% of the entire federal budget.
I guess I might suggest that there are a lot more egregious examples of the politicizing of federal government spending...and there has been for many, many years by politicians from both political parties. That doesn't excuse such conduct. But it really is nothing new.

Guest
04-23-2012, 03:15 PM
I'm not going to attack or defend the fund that you've described, Bucco. I simply don't know much about it. And I'm not going to assert that $8 billion is an insignificant sum. But there probably should be some perspective...
$8.3 billion is only slightly more than 1% of the annual Medicare budget.

$8.3 billion is about .2% of the entire federal budget.
I guess I might suggest that there are a lot more egregious examples of the politicizing of federal government spending...and there has been for many, many years by politicians from both political parties. That doesn't excuse such conduct. But it really is nothing new.

While I realize that BOTH PARTIES have been doing things for years.....a few differences, in my opinion.....

1. We were just told by this administration how "vital" the Buffet Rule was and now we prepared to spend 20% of the amount it MIGHT have garnished on an "experiment" on a program that has been running for years.

2. This is just about one of the most openly political moves anyone can make as this spending of that amount of money is for a program that is before the Supreme Court

3. You can show all the pcts you want on spending, but it is EXACTLY that attitude that got us where we are today !

Guest
07-11-2012, 05:09 PM
An update on this EIGHT BILLION dollars.

The new healthcare law payment wise does not begin to kick in until AFTER the election

"But certain voters would surely notice one highly painful part of the law before then — namely, the way it guts the popular Medicare Advantage program.

For years, 12 million seniors have relied on these policies, a more market-oriented alternative to traditional Medicare, without the aggravating gaps in coverage.

But as part of its hundreds of billions in Medicare cuts, the Obama one-size-fits-all plan slashes reimbursement rates for Medicare Advantage starting next year — herding many seniors back into the government-run program.

Under federal “open-enrollment” guidelines, seniors must pick their Medicare coverage program for next year by the end of this year — which means they should be finding out before Election Day."


I mentioned that the Obama administration set up this sham and called it a "demonstration" program[B] which in essence would cover up all the cuts to seniors as a result of the new health care law......

WELL...it seems he is being called on it..

"Congress’s non-partisan investigators said Wednesday President Obama is stretching the law to give bonuses to mediocre private Medicare plans — an $8 billion program the auditors had already urged the administration to cancel.

In a pointed letter, the Government Accountability Office’s chief lawyer said the administration hasn’t shown that it can learn anything by a “demonstration” project to pay bonuses to average-performing Medicare Advantage plans. The lawyer questioned “the agency’s legal authority to undertake the demonstration.”

Opponents have said the $8 billion project amounts to a slush fund designed to cover up the Medicare cuts in Mr. Obama’s health care law, at least until 2014 when the law kicks into full effect.

The administration counters that it’s trying to learn what kinds of incentives can spur private companies to offer better coverage.

The Government Accountability Office, Congress’s independent auditors, said that’s a stretch, since the demonstration seems designed to produce little useful data and could even reduce incentives for private plans to provide better care.

Because the demonstrations likely won’t produce results, Health and Human Services Secretary Kathleen Sebelius and the Center for Medicare and Medicaid Services, which is part of her department, don’t have the authority to enact them, GAO said."

Auditors: Obama administration is bending health law - Washington Times (http://www.washingtontimes.com/news/2012/jul/11/auditors-say-obama-admin-bending-health-law/)

This White House has no shame whatsover....they are conning all of us constantly and is the single most political WH we have ever seen and this is just ONE of the examples.