Be interesting to see the "union" label on Obamacare.
OC is a corporate boondoggle pure and simple. Bush gave drug companies a license to steal more. Obama did the same for insurance companies.
The funniest part to me is that Kenneday, the nominal "swing" vote on the supreme court understood the law is unconstitutional but the chief judge, the locked down nutball that flew back and forth between James Baker and Rehnquist in 2000, had to be rolled to get the fifth vote upholding it - and then used tax law, perhaps the most absolute power of government, to enforce it.
That puts a big neon Republican thumbprint on Obamacare that isn't going away- even as the law is nibbled away in bits and pieces as it shall be.
This crap about Bush drug companies is so cliched, so fully baloney!
And I know because my business is helping providers determine if they'll be paid by Medicare so I know Medicare better then maybe every single person on this forum!
A) The Medicare Modernization Act of 2003 had 3 parts
1) Medicare Advantage PlAN which in the past Obama wanted to do away with because gasp they made profits!!!
My Medicare plan is the model which NOW as of Today 3/29/13 Obama is buying into and instead doing away with wants to expand.. something we
that knew better then him at the time he wanted to do away with them was trying to explain!
My advantage plan IS cost savings to Medicare in that the ONLY cost they have is writing a check to my advantage plan of $800/month.
Out of it my plan pays my doctor (no co-pays for me!) provides me lower hospital co-pays (then regular Medicare) my plan calls me badgers me to have
checkups, diet monitoring all for Preventative health as it is cheaper for them to do that then me be hospitalized!
OH did I mention I don't have $96.40 deducted each month from my SS as those of you on traditional Medicare must have!
2) Modernization of Medicare.. Before this act there were NEARLY 500 contractors processing claims working with providers.
After the streamlining there are 9 contractors for Part A/B 2 for DME and SNF, Home health!
This streamlining has saved literally billions in contract money duplicate efforts, etc...
3) Part D prescriptions.. Again most of you are so dumb about Medicare you don't seem to understand IT CAME in 45% Below projections!
Now in its eighth year, Medicare Part D is exceeding expectations. An extensive body of research attests to the program's successes.
Overall cost is 45 percent or $346 billion below initial projections
Satisfaction rate among beneficiaries is 90 percent
Low-income beneficiaries have access to medicines at little or no cost
Recent studies also show Part D has lowered Medicare spending by helping patients avoid costly hospitalizations and other health care services
Medicare: Part D a Success Story for Seniors | PhRMA
