And now it begins - Obamacare a very slow payer.

UncleBuck

Well-Known Member

Red1966

Well-Known Member
My own link you didn't even read? Well, there are cuts and then there are CUTS. Neither Obama nor his health care law literally "cut" a dollar from the Medicare program’s budget. Rather, the health care law instituted a number of changes to reduce the growth of Medicare costs. At the time the law was passed, those reductions amounted to $500 billion over the next 10 years. What kind of spending reductions are we talking about? They were mainly aimed at insurance companies and hospitals, not beneficiaries. The law makes significant reductions to Medicare Advantage, a subset of Medicare plans run by private insurers. Medicare Advantage was started under President George W. Bush, and the idea was that competition among the private insurers would reduce costs. But in recent years the plans have actually cost more than traditional Medicare. So the health care law scales back the payments to private insurers. http://www.politifact.com/truth-o-meter/statements/2012/aug/15/stephanie-cutter/ryans-plan-includes-700-billion-medicare-cuts-says/
"So the health care law scales back the payments to private insurers." Literal cuts to the Medicare budget and........... You now provide a specific benefit that has been reduced to seniors, drug coverage. You just keep defeating your own arguments. My work is done here.
 

ChesusRice

Well-Known Member
"So the health care law scales back the payments to private insurers." Literal cuts to the Medicare budget and........... You now provide a specific benefit that has been reduced to seniors, drug coverage. You just keep defeating your own arguments. My work is done here.
Again You didnt read

Medicare Advantage was started under President George W. Bush, and the idea was that competition among the private insurers would reduce costs. But in recent years the plans have actually cost more than traditional Medicare. So the health care law scales back the payments to private insurers.
http://www.politifact.com/truth-o-meter/statements/2012/aug/15/stephanie-cutter/ryans-plan-includes-700-billion-medicare-cuts-says/
 

Red1966

Well-Known Member
Changing font color and size doesn't change that "the health care law scales back the payments". Your own quotes are defeating you.
 

ChesusRice

Well-Known Member
Red1966 Supports this:





[h=1]The Medicare Advantage Scam[/h]


Philip Rucker takes a good, hard look
at the scam that is Medicare Advantage. Essentially, it works like this:
Congress allowed private HMOs to compete for Medicare patients under the
rationale that they could offer better service at lower cost than the
government. They couldn't. So Republicans in Congress began boosting their
payments, to the point that Medicare Advantage gets paid 114 percent what
Medicare gets paid to care for a patient. That leads to some fun perks, like
free gym memberships and complimentary aspirin and band-aids, which in turn
leads seniors to defend the program because they like their perks. But it also
means a lot of unnecessary expense for taxpayers.

And it's important to remember that those free perks do not account for the
whole of Medicare Advantage's overpayments. Rather, economists have estimated
that for every extra dollar we pay the program, 14 percent is passed on to
seniors and 86 percent goes to profits or other costs. In other words, we're
getting only 14 cents of obvious value for every dollar of overpayment





http://voices.washingtonpost.com/ezra-klein/2009/10/the_medicare_advantage_scam.html
 

UncleBuck

Well-Known Member
Your own quotes are defeating you.
'the truth is that black males are just more inclined to criminality' - red1966, july 2013

'i never said [black males] had a propensity to crime' - red1966, november 2013

red knows all about his own quotes working against him.
 

Red1966

Well-Known Member
Red1966 Supports this: [h=1]The Medicare Advantage Scam[/h] Philip Rucker takes a good, hard look at the scam that is Medicare Advantage. Essentially, it works like this: Congress allowed private HMOs to compete for Medicare patients under the rationale that they could offer better service at lower cost than the government. They couldn't. So Republicans in Congress began boosting their payments, to the point that Medicare Advantage gets paid 114 percent what Medicare gets paid to care for a patient. That leads to some fun perks, like free gym memberships and complimentary aspirin and band-aids, which in turn leads seniors to defend the program because they like their perks. But it also means a lot of unnecessary expense for taxpayers. And it's important to remember that those free perks do not account for the whole of Medicare Advantage's overpayments. Rather, economists have estimated that for every extra dollar we pay the program, 14 percent is passed on to seniors and 86 percent goes to profits or other costs. In other words, we're getting only 14 cents of obvious value for every dollar of overpayment http://voices.washingtonpost.com/ezra-klein/2009/10/the_medicare_advantage_scam.html
You're telling others what I support now? And that quote is rather vague/dishonest anyway. What are "extra dollars"? What are "other costs"?
 

ChesusRice

Well-Known Member
You're telling others what I support now? And that quote is rather vague/dishonest anyway. What are "extra dollars"? What are "other costs"?
You keep crying about cuts to this program

So yeah I'm being pretty accurate that you support ripping off tax payers
 

Red1966

Well-Known Member
Except there is no cuts to benefits or services for Medicare Recipients Do you work for a Medicare advantage company?
Pretending the benefits are the same when fewer are being purchased is just dishonest. And it still doesn't negate the fact that funds were purloined from Medicare to finance ACA, the fact you were trying to hide.
 

ChesusRice

Well-Known Member
Pretending the benefits are the same when fewer are being purchased is just dishonest. And it still doesn't negate the fact that funds were purloined from Medicare to finance ACA, the fact you were trying to hide.
They cut out the middle man in student loans as well

Are there less student loans?
 

beenthere

New Member
Except there is no cuts to benefits or services for Medicare Recipients

Do you work for a Medicare advantage company?
The cuts come from Medicare Advantage ($300billion) AND the reduction in future Medicare funds in the next ten years.
This was contingent on Medicare's growth dropping from 6.8%-5.3% in those ten years.
So yes, Obamacare is cutting medicare by $700billion during the next ten years.

This is like saying, we're Not cutting wages your now, you just won't get a cost of living increase in the next ten years.
 

ChesusRice

Well-Known Member
The cuts come from Medicare Advantage ($300billion) AND the reduction in future Medicare funds in the next ten years.
This was contingent on Medicare's growth dropping from 6.8%-5.3% in those ten years.
So yes, Obamacare is cutting medicare by $700billion during the next ten years.

This is like saying, we're Not cutting wages your now, you just won't get a cost of living increase in the next ten years.
Point out the cuts in Benefits or services to medicare recipients
 
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