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Obama Actually Gutted Medicare by $732,000,000,000.00+

 

Øbamadethathappen, Medicare-Killer-n-Thief, and his Medicare-gutting "outlay savings" (PDF)


H

ow does Øbamadethathappen save gut Medicare outlays? Let me clearly count the ways:

He guts them to the depth and breadth and height

His soulless plan can reach, when feeling out of sight

For the ends of justifying means and real disgrace.

He guts them to the level of everyday's

Senior most in need, by point of a gun and taxes not so light.

He guts them freely, as Seniors are deprived every healthcare "right";

He guts them surely, as they're burned by Øbamadethathappen's tax raise.

He guts them with no compassion but to abuse

In his old beefs, and with his Marxist comrades's bad faith:

He guts them with a hate he seems to let loose

On our oldest Seniors, — he guts them with the final breath,

Smiles, tears, of each Senior's life! — and, if government choose,

He shall but gut them better after setting up Payment Advisory Boards Panels of Death.

Altogether, ObamaCare cuts $818 billion from Medicare Part A (hospital insurance) from 2014-2023, the first 10 years of its full implementation, and $3.2 trillion over the first 20 years, 2014-2033. Adding in ObamaCare cuts for Medicare Part B (physicians fees and other services) brings the total cut to $1.05 trillion over the first 10 years and $4.95 trillion over the first 20 years.

These draconian cuts in Medicare payments to doctors, hospitals and other health-care providers that serve America's seniors were the basis for the Congressional Budget Office's official "score" — repeatedly cited by the president — that the health-reform legislation would actually reduce the federal deficit. But Mr. Obama never disclosed how that deficit reduction would actually be achieved.

There will be additional cuts under ObamaCare to Medicare Advantage, the private option to Medicare that close to one-fourth of all seniors have chosen for their coverage under the program because it gives them a better deal. Mr. Foster [Medicare's chief actuary] estimates that 50% of all seniors with Medicare Advantage will lose their plan because of these cuts. Mr. Obama's pledge that "If you like your health plan, you will be able to keep it" clearly does not apply to America's seniors.

Moreover, there will be additional cuts to Medicare adopted by bureaucrats at the Medicare Independent Payment Advisory Board. ObamaCare empowers this board to close Medicare financing gaps by adopting further Medicare cuts that would become effective without any congressional action. Mr. Foster reports that "The Secretary of HHS is required to implement the Board's recommendations unless the statutory process is overridden by new legislation."

The drastic reductions in Medicare reimbursements under ObamaCare will create havoc and chaos in health care for seniors. Many doctors, surgeons and specialists providing critical care to the elderly — such as surgery for hip and knee replacements, sophisticated diagnostics through MRIs and CT scans, and even treatment for cancer and heart disease — will cease serving Medicare patients. If the government is not going to pay, then seniors are not going to get the health services, treatment and care they expect.

Mr. Foster reports that two-thirds of hospitals already lose money on Medicare patients. Under ObamaCare it will get much worse. Hospitals also will shut down or stop serving Medicare patients.




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