CBO Releases Numbers

Why worry about the CBO estimates at all? Seriously, what do they mean?

Dan

Oh I worry about them bigtime. CBO estimates are one of the primary tools used to implement entitlement programs that, in the end, cost five to six times original estimates. In other words, programs that never would have been approved if the real numbers had been known.
 
Well, there goes MA plans:

Sec. 1102. Medicare Advantage payments. Freezes Medicare Advantage payments in 2011. Beginning in 2012, the provision reduces Medicare Advantage benchmarks relative to current levels. Benchmarks will vary from 95% of Medicare spending in high-cost areas to 115% of Medicare spending in low-cost areas. The changes will be phased-in over 3, 5 or 7 years, depending on the level of payment reductions. The provision creates an incentive system to increase payments to high‐quality plans by at least 5%. It also extends CMS authority to adjust risk scores in Medicare Advantage for observed differences in coding patterns relative to fee-for‐service.
 
143 pg text of the bill to be considered & maybe voted on by the House on Sunday.

Slaughter abbreviated version.

If they vote on it Sunday or any other day, it will pass. The whip and Pelosi wont schedule a vote unless the votes are there. They dont have the votes today but much money passes under the cover of darkness so tomorrow is another story. But if they schedule a vote, the votes are there. If not, well there is always next week. Just add more bribes and try again. Unless the republicans want to go over again and help them. Obama postpones his asian trip. He isnt staying home to watch TV. Put your cornhusker helmets on.
 
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Well, there goes MA plans:

Sec. 1102. Medicare Advantage payments. Freezes Medicare Advantage payments in 2011. Beginning in 2012, the provision reduces Medicare Advantage benchmarks relative to current levels. Benchmarks will vary from 95% of Medicare spending in high-cost areas to 115% of Medicare spending in low-cost areas. The changes will be phased-in over 3, 5 or 7 years, depending on the level of payment reductions. The provision creates an incentive system to increase payments to high‐quality plans by at least 5%. It also extends CMS authority to adjust risk scores in Medicare Advantage for observed differences in coding patterns relative to fee-for‐service.

So now we get to move our MA members back to traditional supps?
 
So now we get to move our MA members back to traditional supps?

Sure. The 25% that can afford them.

What happens to the dual eligible plansP How will my dual clients get dental, vision, transportation, etc?

What the hell. Poor people either don't vote or vote democrat anyway. We can just give them a special exemption - we did it for Nebraska, Louisiana, Bismark Bank, etc.

Rick
 
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