Medicare Actuary says cuts will put hospitals in the red
Posted By Mark on April 25, 2010
Well, a month or so after the democRATS passed the health care reform bill on their own (remember the only thing bipartisan about this bill was the vote against it) we find out in a report by the Medicare’s Office of the Actuary that:
In particular, concerns about Medicare could become a major political liability in the midterm elections. The report projected that Medicare cuts could drive about 15 percent of hospitals and other institutional providers into the red, “possibly jeopardizing access” to care for seniors.
Believe it or not this is being reported by the AP. It must be killing them, but don’t expect this to be discussed in the main stream media, they have moved on. Immigration, cap and trade … supreme court justice. No more time for a bill that will ruin our health care system within 10 years.
Think about the seniors … they are going to get walloped:
In addition to flagging provider cuts as potentially unsustainable, the report projected that reductions in payments to private Medicare Advantage plans would trigger an exodus from the popular alternative. Enrollment would plummet by about 50 percent. Seniors leaving the private plans would still have health insurance under traditional Medicare, but many might face higher out-of-pocket costs.
To access to health care will be diminished (folks may have insurance, but there will be less doctors and facilities) and costs will go up … two out of three strikes.
I still say it should be called obama-don’t-care.
