Daily Archives: April 15, 2013

Obamacare To Slash Hundreds Of Billions From Medicare Advantage Over Next 10 Years

Obamacare To Slash Hundreds Of Billions From Medicare Advantage Over Next 10 Years – Forbes.

The CMS flip-flop is good news for seniors and taxpayers alike. But Medicare Advantage is not out of the woods yet. Obamacare is set to slash hundreds of billions from the program over the next 10 years.

That’s a mistake. Medicare Advantage delivers better care at lower cost than does conventional Medicare. The program should be expanded — not cut, as the president and his allies advocate. (emphasis added – Ed)

Some 14 million seniors — more than a quarter of all beneficiaries — have enrolled in Medicare Advantage.

Famous last words: “If you like your plan you can keep it….”

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Regulators seek cure for PPACA rate shock

Regulators seek cure for PPACA rate shock | LifeHealthPro.

In one section of the discussion paper, drafters talk about the idea of states setting up their own, supplemental reinsurance programs — insurance programs for insurers — to add on to the protection that a new, PPACA-related reinsurance program is supposed to provide.

Insurance to fix insurance. Says something about the PPACA, don’t ya think?

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Health secretary didn’t expect persistent Obamacare opposition

Health secretary didn’t expect persistent Obamacare opposition – Yahoo! News.

The top White House adviser on health care said on Monday she did not anticipate how lengthy and persistent the political opposition would be to healthcare reform – U.S. President Barack Obama‘s signature domestic legislative achievement.

The administration had not anticipated opposition to the Affordable Care Act of 2010, nicknamed “Obamacare,” would drag on years after the law’s passage, said Kathleen Sebelius, U.S. Secretary of Health and Human Services.

Really? You can’t make this stuff up. Continue reading Health secretary didn’t expect persistent Obamacare opposition

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