Last week, the Washington Post printed an article that highlighted a possible decrease in Medicare benefits if the Health-Care bill passed the Senate. Now I don't know if the $500 Billion that was eluded to had closure of obsolete and duplication of service dictates attached to it, but I would like to know more about what the negatives are without having to stoop to the depths of Fox Noise to find out.
The Centers for Medicare and Medicaid Services put out the initial report that the paper built the story on. They claim that Medicare cuts contained in the health package are likely to prove so costly to hospitals and nursing homes that they could stop taking Medicare altogether. A little far reaching, but still a worthy question. Mind you this is based on whatever information they were looking for when compiling their facts. (It is the Washington Post)If there is such a large amount of funding missing from Medicare and the startling revelations from this report are true, then there's a problem. If the Senate was to alter, seek other sources or increase the final tally...there will be some explaining to do.
Adding 30 - 50 million more people to the already stressed public health program known as Medicare is expected to cost more and we are well aware of the Trillion dollar price tag that our Congress has saddled on the American taxpayer. At the the same time; this is understood as a bitter, but necessary pill to take in order to close the holes in our embarrassment of a national health system.
To remain solvent, Medicare spending per beneficiary would have to grow at roughly half the rate it has over the past two decades to meet the measure's savings targets. Considering the population age bubble and the mere fact that this increase in availability of that same care will extend the very lives of those in the system...it sounds wholly unrealistic. Don't you think?On the flip side; we've been told that Out-of-pocket spending would decline more than $200 billion by 2019, with the government picking up much of that. The President has also been on the record that there will be no decrease in Medicare spending as a result of this reform. I want to believe him. This country needs to free itself from the grip of the private insurance companies. Like I said before; it all depends on what you're looking for in your research.
The individual stories of pain and suffering because of the cold and heartless bureaucrats in some Insurance HQ in Connecticut cutting needed services to their own clients has pounded this need for reform home in a very real way.What I want to know is the very real way we are going to pay for this reform and will the Public Option actually provide the desired pin we need to pop the ballooning expenses we've been subjected to for so long?











