"Medicare Chief: Obamacare Is Extending Medicare’s Life"

[applegrove]

Medicare Chief: Obamacare Is Extending Medicare’s Life

by Sahil Kupar at TPM

http://tpmdc.talkingpointsmemo.com/2013/05/medicare-trustees-report-two-years-solvency.php

"SNIP.........................


The Medicare Hospital Insurance trust fund is projected to be solvent for longer, which is good news for beneficiaries,” said Marilyn Tavenner, who runs the Centers for Medicare & Medicaid Services. “Thanks to the Affordable Care Act, we are taking important steps to improve the delivery of care for seniors with Medicare.”

The Affordable Care Act cuts Medicare spending by some $716 billion over the next 10 years by reducing payments to private insurers under Medicare Advantage as well as hospitals and other providers. The law also aims to save money over time by transitioning Medicare from paying providers for quantity of services to quality of care.

“These reforms aim to reduce spending while improving the quality of care, and are an important down payment on solving Medicare’s long term financial issues,” Tavenner said.

In his statement on the Trustees report, Treasury Secretary Jack Lew also noted that Medicare’s solvency projections have changed after the passage of the Affordable Care Act

.........................SNIP"

[babylonsister]

1. Rec'd! nt

[SidDithers]

2. DUrec...nt

Sid

[Tarheel_Dem]

3. K&R

[Cha]

4. Great News, applegrove!

[applegrove]

5. No wonder the GOP is all about repealing Obamacare....... sorry did I say that loud enough?

[h1]OBAMACARE[/h1] It will change some in the GOP base's hearts and then their minds.

[siligut]

8. Yes and it also cracks down on Medicare fraud

That Rick Scott made his millions off of healthcare services should speak loudly.

http://www.newser.com/story/135306/white-house-weve-recovered-56b-in-fraud.html
(NEWSER) – The Justice Department has managed to recover some $5.6 billion lost to fraud over the 2011 fiscal year, officials will announce today. Civil fraud accounted for some $3.4 billion, with the rest attributable to criminal fraud, insiders tell the Washington Post. Much of the money was recovered by so-called Medicare Strike Fraud Forces, which track down millions in fraudulent claims. It's yet another step forward in the crackdown on fraud: Such recoveries have climbed 167% since 2008.

[applegrove]

9. +100 The GOP is right to be afraid of this issue. It shows government

regulated things can be better than the market solely. And it is cheaper. That is the best advertisement for government.

[freshwest]

10. K&R

[rhett o rick]

6. We were told that the ACA was just the first step in getting to single payer. Are we working on step

two???

[Liberal_Stalwart71]

7. Kicked and Highly Recommended!!!!!

:kick::kick: