The Medicare Advantage Plan To Kill Real Medicare

skews13

Diamond Member
Mar 18, 2017
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In 2003, George W Bush set up the destruction and privatization of Medicare. The end of “real Medicare” is getting closer every day, and Congress and Medicare’s administrators are doing nothing. Last Friday the Centers for Medicare Services (CMS) announced a 14.5% increase in Medicare Part B premiums, raising the monthly payments by the lowest-income Medicare recipients from $148.50 a month to $170.10 a month next year.

It all began with George W. Bush, who’d spent most of his life openly and proudly campaigning to privatize Medicare and Social Security.

In 2003 Congress and the Bush administration rolled out a privatization option, allowing private for-profit insurance companies to sell policies branded as “Medicare Advantage” to gullible seniors who think they’re buying the actual Medicare Parts A and B. As a result, today companies eager to rip off seniors are flooding the market, particularly with TV advertising.

Congress must stop these for-profit parasites who are steadily draining “real” Medicare of funds and resources while producing billions in profits and often outright stolen funds for the insurance industry.

 
In 2003, George W Bush set up the destruction and privatization of Medicare. The end of “real Medicare” is getting closer every day, and Congress and Medicare’s administrators are doing nothing. Last Friday the Centers for Medicare Services (CMS) announced a 14.5% increase in Medicare Part B premiums, raising the monthly payments by the lowest-income Medicare recipients from $148.50 a month to $170.10 a month next year.

It all began with George W. Bush, who’d spent most of his life openly and proudly campaigning to privatize Medicare and Social Security.

In 2003 Congress and the Bush administration rolled out a privatization option, allowing private for-profit insurance companies to sell policies branded as “Medicare Advantage” to gullible seniors who think they’re buying the actual Medicare Parts A and B. As a result, today companies eager to rip off seniors are flooding the market, particularly with TV advertising.

Congress must stop these for-profit parasites who are steadily draining “real” Medicare of funds and resources while producing billions in profits and often outright stolen funds for the insurance industry.

 

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Excellent show / podcast covering the entire mess as expected. They've been so busy cranking out new shows lately that they must have fallen behind on the transcripts. But if you're as impressed as I am with people who can communicate on the fly using full sentences these days, here's a sample. Keep in mind, Ralph is 87 (Biden is only 79).
 
 
Update: Can't get free transcripts anymore, but in part, the current episode of The Ralph Nader Radio Hour discusses how the VA is being similarly assaulted and destroyed by the same big, private HC interests now bent on picking Medicare clean:
 

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