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In reply to the discussion: Why do Obama and Pelosi keep perpetuating the mandate to reform Social Security and Medicare? [View all]ProSense
(116,464 posts)16. Yes,
"Medicare - sure there are shortfalls and fraud. Wasn't Obamacare supposed to implement the Patient Protection
and Affordable act?"
...that's correct: Obamacare was "supposed to implement the Patient Protection and Affordable act"
Medicares Projected Spending Has Dropped $500 Billion Without Lawmakers Cutting A Dime
By Jeff Spross
Medicare will spend $511 billion less between now and 2020 than was predicted two and a half years ago, according to the latest number crunching by the Center On Budget and Policy Priorities. More importantly, this drop occurred completely separate from any changes in government policy rather, it resulted from an overall slowdown in the growth of health care costs.
The last time the Congress and the President actually altered Medicare policy in order to bring down the programs spending was when they passed health reform in March of 2010. By comparing the Congressional Budget Offices projections from August of that year with their projections from earlier this month, and by leaving out the the SGR cuts and the Medicare cuts in sequestration, the CBPP was able to isolate how much Medicares spending is anticipated to drop due purely to changes in the health care markets. And the drop is considerably larger than the proactive cuts in Medicare spending the Simpson-Bowles plan was calling for back in December of 2010:

According to the CBO itself, its projections for Medicare and Medicaid spending between now and 2022 dropped 3.5 percent since its previous projection in August of 2012.
- more -
http://thinkprogress.org/health/2013/02/21/1623151/medicare-spending-drops/
By Jeff Spross
Medicare will spend $511 billion less between now and 2020 than was predicted two and a half years ago, according to the latest number crunching by the Center On Budget and Policy Priorities. More importantly, this drop occurred completely separate from any changes in government policy rather, it resulted from an overall slowdown in the growth of health care costs.
The last time the Congress and the President actually altered Medicare policy in order to bring down the programs spending was when they passed health reform in March of 2010. By comparing the Congressional Budget Offices projections from August of that year with their projections from earlier this month, and by leaving out the the SGR cuts and the Medicare cuts in sequestration, the CBPP was able to isolate how much Medicares spending is anticipated to drop due purely to changes in the health care markets. And the drop is considerably larger than the proactive cuts in Medicare spending the Simpson-Bowles plan was calling for back in December of 2010:

According to the CBO itself, its projections for Medicare and Medicaid spending between now and 2022 dropped 3.5 percent since its previous projection in August of 2012.
- more -
http://thinkprogress.org/health/2013/02/21/1623151/medicare-spending-drops/
This helps:
Medicare Fraud: HHS announces record-breaking $4.2 Billion recovered in FY 2012
http://www.democraticunderground.com/10022354924
The President's policies also prove that savings do not have to come at the expense of appropriate spending and benefits. The health care law not only expanded benefits for seniors, it's reversing the damage done by Bush, and it strengthened Medicare.
Long before this Supreme Court decision, through the Affordable Care Act, seniors began to see positive changes in their prescription drug costs, access to preventive health care, and more. Thanks to the Supreme Courts decision the following provisions will continue to be provided to seniors:
Medicare Improvements
The ACA contains several important improvements to the Medicare program, many of which are already helping seniors today.
1) Closing the donut hole
2) Improving seniors access to preventive medical services
- more -
http://www.ncpssm.org/Portals/0/pdf/aca-analysis.pdf
Medicare Improvements
The ACA contains several important improvements to the Medicare program, many of which are already helping seniors today.
1) Closing the donut hole
a. Medicare Part D covers the cost of medications up to a certain point. Between that point, and a catastrophic coverage threshold, the older adult must pay out of pocket for medication (this gap in coverage is often called the Part D donut hole). One in four beneficiaries fall in this gap, and end up paying an average of $3,610 out of pocket on drug expenses.
b. The ACA requires drug manufacturers to reduce prices for Medicare enrollees in the donut hole. Beginning in 2011, brand‐name drug manufacturers must provide a 50% discount on brand‐name and biologic drugs for Part D enrollees in the donut hole. By 2013, Medicare will begin to provide an additional discount on brand‐name and biologic drugs for enrollees in the donut hole. By 2020, Part D enrollees will be responsible for only 25% of donut hole drug costs.
c. This is a benefit seniors are getting now, and will continue to get as a result of this decision.
2) Improving seniors access to preventive medical services
a. Prior to the ACA, Medicare beneficiaries were required to pay a deductible and 20% copay for many preventive health services.
b. The ACA eliminated cost‐sharing for many preventive services and introduced an annual wellness visit for beneficiaries.
c. The ACA also eliminated cost‐sharing for screening services, like mammograms, Pap smears, bone mass measurements, depression screening, diabetes screening, HIV screening and obesity screenings.
d. This is a benefit seniors are getting now, and will continue to get as a result of this decision.
- more -
http://www.ncpssm.org/Portals/0/pdf/aca-analysis.pdf
MEDICARES FINANCIAL CONDITION
Medicares financial condition is measured in several ways, including the solvency of the Part A Trust Fund, the annual growth in spending, and growth in spending on a per capita basis. Average annual growth in total Medicare spending is projected to be 6.6% between 2010 and 2019, but 3.5% on a per capita basis (assuming no reduction in physician fees).
The Part A Trust Fund is projected to be depleted in 2024 eight years longer than in the absence of the health reform lawat which point Medicare would not have sufficient funds to pay full benefits, even though revenue flows into the Trust Fund each year. Part A Trust Fund solvency is affected by growth in the economy, which directly affects revenue from payroll tax contributions, and by demographic trends: an increasing number of beneficiaries, especially between 2010 and 2030 when the baby boom generation reaches Medicare eligibility age, and a declining ratio of workers per beneficiary making payroll contributions (Figure 4).
http://www.kff.org/medicare/upload/7305-06.pdf
Medicares financial condition is measured in several ways, including the solvency of the Part A Trust Fund, the annual growth in spending, and growth in spending on a per capita basis. Average annual growth in total Medicare spending is projected to be 6.6% between 2010 and 2019, but 3.5% on a per capita basis (assuming no reduction in physician fees).
The Part A Trust Fund is projected to be depleted in 2024 eight years longer than in the absence of the health reform lawat which point Medicare would not have sufficient funds to pay full benefits, even though revenue flows into the Trust Fund each year. Part A Trust Fund solvency is affected by growth in the economy, which directly affects revenue from payroll tax contributions, and by demographic trends: an increasing number of beneficiaries, especially between 2010 and 2030 when the baby boom generation reaches Medicare eligibility age, and a declining ratio of workers per beneficiary making payroll contributions (Figure 4).
http://www.kff.org/medicare/upload/7305-06.pdf
The law gets better as it nears full implementation in 2014.
New Federal Rule Requires Insurers to Offer Mental Health Coverage
http://www.democraticunderground.com/10022407451
Heres one way Obamacare changed today
http://www.democraticunderground.com/1251288922
Rules finalized for the good stuff in Obamacare
http://www.democraticunderground.com/10022415967
Kathleen Sebelius: Holding Insurance Companies Accountable for High Premium Increases
http://www.democraticunderground.com/10022417762
The health care law is still the biggest expansion of the safety net since Medicare
http://www.democraticunderground.com/10022159929
"If we don't stop Obama and Pelosi and Democrats and of course ALL republicans - they will cut our programs..."
They're all the same, huh?
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Why do Obama and Pelosi keep perpetuating the mandate to reform Social Security and Medicare? [View all]
TheProgressive
Mar 2013
OP
Actually, because some "reform" to both systems is needed. That does not mean
kelliekat44
Mar 2013
#45
Correct me if I'm wrong, but the "reform" on the table is switching to the chained CPI
MannyGoldstein
Mar 2013
#137
Oh, Manny, maybe by reform they mean to increase the monthly payments.
Jackpine Radical
Mar 2013
#60
Don't unions need one another? Yeah, it's not the right tack for some of them, but others
patrice
Mar 2013
#13
BTW, the phrase is "... couldn't care less ..." if they "could care less" that means that they care.
patrice
Mar 2013
#21
You may have noticed that I mentioned a couple of things that are driving unions apart.
patrice
Mar 2013
#70
because they are corporate lapdogs who do as they' like nearly everyone else in national politics....
bowens43
Mar 2013
#3
I asked about SS and Medicare. Not HC, what do those programs have to do with
sabrina 1
Mar 2013
#28
True, but none of it had anything to do with the specific cause of the deficit.
sabrina 1
Mar 2013
#36
This should all be its own OP. This info is too important for people to miss in a reply. nt
stevenleser
Mar 2013
#96
Weeeee, a 25% drop in "donut hole" costs by 2020, how will that cut the deficit?
just1voice
Mar 2013
#102
"All America needs to do ..." "...they could care less ..." = absurdities. Talking as though what's
patrice
Mar 2013
#19
That's your phrasing, you should explain it, because it is absurdly over-simplified. nt
patrice
Mar 2013
#35
And of course, you are saying CONGRESS should do these things, because presidents aren't kings. nt
patrice
Mar 2013
#57
... presidents aren't kings AND they don't write legislation, but then, I bet you know that. nt
patrice
Mar 2013
#58
So specify the legislative process, resources (including persons) & timeline, since it's so simple.
patrice
Mar 2013
#67
"Do they think we are stupid?" That's a stupid question ..and yes they do think we are that stupid.
L0oniX
Mar 2013
#26
Do you have a link for that piece of misinformation? Because everything I read about
Cleita
Mar 2013
#84
Get this through your head. The deficit is not the problem of the Social Security trust fund.
Cleita
Mar 2013
#88
It is a default on a debt, and the American citizens are the biggest holder of Federal debt
Samantha
Mar 2013
#139
Also, this is just a ploy to turn the SS fund over to Wall Street and privatize it.
Cleita
Mar 2013
#92
Forget it Cleita, I have been down this road with him, he believes in Enron style accounting
Dragonfli
Mar 2013
#132
Implement Single Payer for Health Care; and CUT THE DAMN DOD by 50% at LEAST!!!
on point
Mar 2013
#47
Why? To make themselves appear to be reasonable and accommodating to those GOPers....
OldDem2012
Mar 2013
#48
Political maneuvers are too complicated for people that look at the world...
Comrade_McKenzie
Mar 2013
#49
You don't get it. The Beltway Media are the ones that are pushing it....
Spitfire of ATJ
Mar 2013
#52
Correct. Odd how people appear to think corporate personhood is actively ONLY elsewhere, not ever
patrice
Mar 2013
#63
Yep, Just wait, you all think you're screwed now, just wait until you become disabled, like me...
starzdust22
Mar 2013
#62
You ask why? I will tell you why! Obama and the Democrats answer to the same boss as Boner and
Dustlawyer
Mar 2013
#77
Redeeming the trust fund to pay benefits will not significantly increase annual deficits...
TheProgressive
Mar 2013
#104
Mayeb because people will vote for them whether they are on the side of people
truedelphi
Mar 2013
#85
The "trust fund" is like me writing an IOU to myself for $2 million, placing it in a safe-deposit
Nye Bevan
Mar 2013
#97
Well the SS Trust Fund has $2.7 trillion invested in the safest investment in the world...
TheProgressive
Mar 2013
#107
So how about the government simply issues $100 trillion of Treasuries to the trust fund,
Nye Bevan
Mar 2013
#109
Why yes I do. But I am not the one claiming that "There is no problems with Social Security". (nt)
Nye Bevan
Mar 2013
#113
Well I am confused that first you claim that "There is no problems with Social Security", period,
Nye Bevan
Mar 2013
#117
If you really cared then you'd address the President's seemingly weekly swipes and threats
TheKentuckian
Mar 2013
#128
"The shepherd always tries to persuade the sheep that their interests and his own are the same."
Tierra_y_Libertad
Mar 2013
#135
That's the sequester. What about the offers from Obama and Pelosi to advert the sequester...
TheProgressive
Mar 2013
#141
That's a matter of interpretation from media reports that differ from reality.
freshwest
Mar 2013
#143
The "Fix" for raising medical costs is UNIVERSAL SINGLE PAYER. Anyone who suggests
Vincardog
Mar 2013
#145