One Small Voice. A Lot of Big Ideas. Let Freedom Ring!
FACT: In the Affordable Healthcare Act, aka Obamacare, $200 Billion is slated to be cut from Medicare Advantage prescription plan over the next 10 years, raising premiums for seniors.
FACT: The cuts were supposed to have started taking place two weeks ago on Oct. 1, 2012.
FACT: HHS has dumped “extra” money into Medicare Advantage to delay the cuts–and rising premiums–until 2013–after the election.
FACT: Obama promised Seniors (actually he promised all Americans) that Obamacare would lower our healthcare costs.
FACT: Most Seniors Medicare Advantage premiums will go up by over $1,000 & more.
From: heathblog.ncpa.org: How many Pinocchios can Sibelius Chalk up in one week:
“…the only reason enrollment is up is because the Obama administration is using “bonus money” to prop up these plans before Obamacare cuts kick in after the election. Over the next ten years, Medicare spending will be reduced by $716 billion, and of the amount, Medicare Advantage programs will lose $156 billion. Medicare’s Chief Actuary predicts that one of every two enrollees will lose their coverage once these cuts become effective. By one estimate:
By 2017, Medicare beneficiaries who would have enrolled in Medicare Advantage under prior law will lose an average of $1,841 due to the MA changes alone and $3,714 when the effects of the entire bill…are considered.
Seniors, if you needed one more reason to NOT re-elect Obama, then vote with your wallet. Elect Mitt Romney.