Earlier this year, Richard Foster, the Chief Actuary for the Centers for Medicare and Medicaid Services (CMS), issued a report projecting that about half of all seniors and disabled Americans enrolled in Medicare Advantage plans will be pushed out of that program due to the new health care reform law, …
The outlook for seniors’ Medicare Advantage (MA) plans is grim under the new health care law. Though seniors’ premiums will drop 1 percent in the new year, this will be the exception to the rule over the next decade. Medicare Advantage is a popular alternative to traditional fee-for-service, allowing seniors …
President Barack Obama’s promise that “if you like it you can keep it” may be this generation’s “read my lips—no new taxes,” claim. New Centers for Medicare and Medicaid Administrator Dr. Donald Berwick recently said “Medicare Advantage remains strong and a robust option for millions of seniors who choose to …
Is Granny “disposable”? Some seniors may get that impression once Obamacare kicks in. As noted in a recent Wall Street Journal article, the new law cuts $200 billion from Medicare Advantage, a public-private “hybrid” of Medicare. As a result, more than 11 million seniors will likely see their Medicare Advantage …
Passage of Obamacare will have negative consequences for practically all Americans. However, it is the nation’s senior citizens who will get the short end of the stick after enactment of the President’s health care agenda. In a recent paper, Heritage health policy expert Robert Moffit, Ph.D., lays out the specific provisions of …
On the stump, Candidate Obama identified government entitlement spending on Medicare, Medicaid, and Social Security as the largest contributor to the federal deficit. If Congress doesn’t rein in the costs of these programs, he said,, these three programs will “consume all of the federal budget.” Candidate Obama was right. (Still …
