too bad If you like your health insurance, medical supplemet insurance
president Barack Obama’s recurring demand for health reform – “If you like your current health insurance, you can keep” – sounds as credible these days as the finger, shaking Bill Clinton did when he said: “Not having sexual relations with that woman. “On Tuesday, Harvard Pilgrim Health Care in Massachusetts abandoned its Medical Advantage program, leaving over 22,000 people to find other coverage to meet the expenses not covered by Medicare. Harvard Pilgrim said the decision to abandon its Medicare Advantage program as a result of the company’s concern for “the long-term viability of Medicare Advantage programs … We know that cuts in Medicare are being used to finance reform national health. “In fact, the $ 145 billion in Medicare Advantage cuts are commonly used by Obama and his spinmeisters to pay for another fiction Obamacare, your masterpiece will reduce the federal budget deficit.
In 2003, 5. 3 million Americans enrolled in Medicare Advantage. Currently, there are 11.3 million, or 24 percent of all Medicare enrollees. On average, Medicare covers only about 60 percent of health care costs. Medicare Advantage was designed to help fill the void for those who can not afford the conventional supplement coverage. Most Obama Medicare cuts will benefit those with incomes below $ 32,400 a year, according to a recent study by the Heritage Foundation. The Heritage study also projects of more than 7,400,000 elderly Medicare Advantage will be removed in four years.
Obamacare also creates a group of unelected bureaucrats known as the Independent Advisory payment (IPAB) whose sole function is to limit Medicare spending by reducing reimbursement rates unsustainable and have led doctors to refuse new Medicare patients. The savings of IPAB and the destruction of Medicare Advantage will be diverted to help pay for other parts of Obamacare. As a result, Medical reimbursement rates are expected to dip below four years of Medicaid, a program that promises free care to the poor, but often do not offer refunds due to insufficient service providers.
Obama announced that Medicare premiums advantage is reduced to only 1 percent next year. That was not enough for the tranquility of Harvard Pilgrim to keep your Medicare Advantage plan in place, and will keep more companies to abandon their programs in the coming days. Meanwhile, Obama is blowing more money from taxpayers in a campaign television commercial with Andy Griffith old saying “Medicare become stronger.” Too bad Sheriff Andy of Mayberry is not about stopping drug and facilitator Andy White House for false advertising.