Government auditors call for end to $8 billion Medicare bonus program

Discussion in 'Politics' started by Conservative, Apr 23, 2012.

  1. Conservative
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    Conservative Type 40

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    Government auditors call for end to $8 billion Medicare bonus program


    So... Obama makes cuts to Medicare in ACA... Dems could care less.

    Obama throws extra money at medicare to help defray his own cuts... Dems could care less.

    Republicans fought Obama's cuts to Medicare... Dems accuse the GOP of 'killing granny'.

    Now the GAO says the 8 billion Obama is trying to use to defray his own cuts to Medicare, is a political ploy and should be ended. I wonder if the Dems care?
     
  2. SniperFire
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    SniperFire Senior Member

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    Harry Reid has crippled Congress' ability to take action against the Obama crime syndicate.
     
  3. uscitizen
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    uscitizen Senior Member

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    Medicare advantage? You mean the privatized part of Medicare?

    Yep a Bush III move on Obama's part. Why would the privatized medicare improve itself if you don't give it more money?
     
  4. uscitizen
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    uscitizen Senior Member

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    Private health plans, now called Medicare Advantage plans, were first allowed to participate in Medicare because some policymakers believed they could provide better services at a lower cost than traditional Medicare. In fact, because it was anticipated private plans would be so efficient, the government initially paid them five percent less for each beneficiary they enrolled than it would have cost to cover that same beneficiary in traditional Medicare.

    In 25 years time, the powerful health insurance industry lobby has been extremely successful in turning this rationalization on its head. Instead of paying private plans less to reflect the efficiencies they argued would save the government money, Medicare now pays them significantly more than it would cost to cover the same beneficiaries through traditional fee-for-service Medicare. In fact, today the government pays an average of 14 percent more to cover a beneficiary in a private Medicare Advantage plan than it would cost to cover that same beneficiary in traditional Medicare.
    NCPSSM: Viewpoint: Eliminate Medicare Advantage Overpayments

    Meidcare Advantage was started in 1997 inder Clowntoon and a republican congress.
    It origionally cut medicare spending by 5%, however it now costs 14% more than traditional medicare.

    Seems like private healthcare is not doing as good of a job as our gummit does on providing health care for the elderly.
    Another republican myth down in flames.

    http://www.usmessageboard.com/newreply.php?do=newreply&p=5169680
     
    Last edited: Apr 23, 2012
  5. Wry Catcher
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    Wry Catcher Platinum Member

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    "WASHINGTON (AP) — Reducing government deficits Mitt Romney's way would mean less money for health care for the poor and disabled and big cuts to nuts-and-bolts functions such as food inspection, border security and education."

    GUNS OVER BUTTER!

    LINK: Romney on spending: Guns triumph over butter - Yahoo! News

    The negative consequences of a Republican victory in November are enormous. If the right wing of the Republican Party gets its way, the cost to dismantle and then repair the damage they will do will far exceed our ability to maintain our role as the leader of the free world. If their attack on the aged, the infirm, the youth and women continues they will lose any future election, if and only if future elections are free and unencumbered. And that will be unlikely.

    Founder Franklin was correct, we were given a Republic, can we keep it?
     
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  6. Greenbeard
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    Greenbeard Gold Member

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    Indeed, that experiment with privatization has been a money pit for the last decade. How many ways is administration after administration going to find to prop up these private insurers to make their service and product look as appealing to seniors as fee-for-service Medicare?

    Quality bonuses are a nice idea until they become a tool for papering over the deficiencies of privatization. The GAO is correct, this should be canceled. And if the administration is correct that overpaying private insurers is the only way to ensure quality, then perhaps we ought to re-examine the entire Medicare Advantage program. Before the Ryans of the world double down on it.
     
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