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Video: A Permanent Fix for Medicare – Know the Facts
Healthcare Reform Bill Facts
Healthcare Reform Bill Facts: Healthcare Reform With 2020 Hindsight. Uploaded by NFIBSmallBusiness on Jan 11, 2010 Get the facts on how the proposed healthcare reform bill will have a costly and punitive impact on small business as it unfolds over the next decade.Dallas L Alford IV, CPA is a licensed Certified Public Accountant in the state of North Carolina and owner of Atlantic Financial Consulting, a consulting firm that provides comprehensive medical billing services, practice management consulting, coding audits, Medicare compliance, Medicare RAC support and other general medical practice consulting services. To learn more about Atlantic Financial Consulting you may visit their website at atlanticfinancial.us or contact Dallas L Alford IV, CPA directly at 1 888-428-2555, Ext. 200.
Rep. Harris: “The Current Medicare System is Not ‘Stable’ as the Administration Claims; this Report Shows Medicare is Going Bankrupt”
“The current Medicare system is not “stable” as the Administration claims; this report shows Medicare is going bankrupt. Unless action is taken to save Medicare, beneficiaries will see dramatic cuts in benefits. Instead of the Obama Administration’s plan to impose draconian cost-cutting measures which will lead to rationing of care for beneficiaries, we need comprehensive reform to the system to ensure the federal government keeps its promise of Medicare to current beneficiaries and to future generations. I am ready to work across the aisle to preserve the Medicare program through physician-patient centered reforms.”
Americans continue to benefit from the Affordable Care Act
Yesterday, the Centers for Medicare & Medicaid Services (CMS) announced new and exciting data about the impressive savings for Americans because of the Affordable Care Act. According to CMS’ Office of the Actuary, through 2016, the ACA will help the Medicare program save more than $200 billion by implementing anti-fraud measures, changing providers policies to improve productivity and ending excessive payment to insurers who offer Medicare Advantage plans. For seniors and those with disabilities in the traditional Medicare program, the ACA will help them realize a savings of $59.4 billion through 2016 and $208 billion through 2021 by lower cost-sharing and premiums.
Massachusetts Health Stats: Fact Checking PolitiFact Fact Checking Obama on Medicare Part D
It’s the combination of these co-pays by the senior and what the insurers pay that add up to the roughly $3000 in the “initial phase.” On average, a senior who goes all the way to the “top” of the initial phase pays 25% of the $3000 – plus premiums that average $30 a month or so – and the insurer pays 75% of the $3000 (Also, as noted above, 92% of seniors stay below this line and never leave the “initial phase” or are not even on Medicare Part D)
The FACTS About Medicare Advantage
The Health Affairs study follows a series of studies by AHIP researchers comparing patterns of care among patients with Medicare Advantage coverage and in the FFS Medicare program. The most recent report, based on an analysis of hospital discharge datasets provided by the Agency for Healthcare Research and Quality (AHRQ) as well as state discharge data acquired directly from the states of Pennsylvania and Texas, estimated risk-adjusted readmission rates were about 27-29 percent lower in Medicare Advantage than Medicare FFS per enrollee, 16-18 percent lower per person with an admission, and14-17 percent lower as measured per hospitalization.
FACT CHECK: Democrats' repeat ‘end Medicare’ cry is wrong, again
Republicans don’t dispute the $6,400 figure, except to say it unfairly assumes that the current Medicare system could still afford to pay the rising costs expected in 2022. CBO also notes that changes could come to Medicare as it currently operates because of those escalating health care costs: “Rising tax rates or surging federal debt might accentuate concerns about the budgetary situation and thereby lead policymakers to reduce benefits under Medicare, Medicaid, or other programs,” the CBO said. Meanwhile, Ryan himself has now signed on to a new plan to revamp Medicare with Democratic Sen. Ron Wyden. It would offer seniors a choice between traditional Medicare and a premium-support model. And this time, the premium support would grow at a faster rate. It would be tied to the lesser of the second-least expensive private insurance premium or Medicare. Wyden and Ryan don’t plan to push legislation on the plan until after the 2012 election.