Bruce Webb h/t for the link Full Medicare Report (and here it is for your enjoyment). Ken Houghton h/t who linked to a Reuters note: Reuters: The Medicare hospital trust fund is not projected to exhaust its funds until 2029, 12 years later than forecast last year, the trustees said…
Tom aka Rusty Rustbelt Medicare Fee Ordeal – Continued As of Friday the Senate has passed a six (6) month patch to counter the Sustained Growth Rate formula cuts directed at most physicians. The average for all physicians was a 21% cut, with changes ranging from primary care (+6%) to cardiology (-42%). The House will […]
Robert goes out on a limb and guesses that Lori Montgomery fell for (or is pushing) Republican spin in this article in the Washington PostReport: Bill would reduce senior careMedicare cuts approved by House may affect access to providers A plan to slash more than $500 billion from future Medicare spending — one of the […]
by Bruce Webb The latest Republican talking point, promoted among others by Chuck Grassley this morning, is that proposed cuts to Medicare make its financial situation more precarious. Why cut $500 billion if Medicare is already in trouble? This is totally backwards and shows a total unawareness of how Medicare is financed. So lets review: […]
by Bruce Webb The current line of attack on Health Care reform from Republicans is that it proposes to Rob Gramma to Pay Pedro. I am not going to address the care for illegals canard today but do want to probe just what HR3200 does for Medicare on net. Starting from the following two charts […]
by reader coberly Andrew Biggs wrote that current Medicare recipients have not paid enough for the benefits they will recieve. He states that “since this is zero sum, it means that future taxpayers will get less than they pay for.” Here is an excerpt of what he said, followed by my comments. Biggs said: unlike […]
rdan I read the Op-Ed in the Boston Globe and asked Doug to write a piece or pieces in a more detailed fashion. There have been allusions to this issue as a cost factor, but no policy consideration here to date. Post by Doug Brown Due to the complexity of organizations today, there is commonly […]
by Bruce Webb In comments on the last post MG was challenging 2Slugs contention that the real issue was Medicare, while BuffPilot was accusing me of ignoring Obama spending. Well I am on my way out the door and will let the CBO do the talking for me:That near term temporary light blue peak? Obama […]
by Divorced one like Bush Time for some real numbers. This example is also an example for people to understand the need for fixing our system of paying for health care. Because, even in the senior years, the cost can bankrupt you. My parents, 2008 adjusted gross income $43,291. $19,745 is capital gains from a […]
by Bruce Webb Well the Republican Party and economic conservatives generally have made their position clear, they are openly using the current meltdown as an opportunity to kill Medicare and Social Security as they exist today. We saw this at the Stimulus Summit where the very first question by the Republicans, coming from Senate Minority […]