CMS Announces 2010 Medicare Benefits

Part B Premium $110.50/month? Part A $1,100 deductible on the hospital? That's HOT! Didn't Obama say there were billions of dollars he could save from the program? What's he doing with that?
 
Part B Premium $110.50/month? Part A $1,100 deductible on the hospital? That's HOT! Didn't Obama say there were billions of dollars he could save from the program? What's he doing with that?

Apparently "save" means increasing the amount that those involved in the program have to pay (beneficiaries) and decreasing reimbursement to providers and funding for MA companies. Since Original Medicare benefits aren't being cut, (i.e. the coinsurance isn't going up and the same things are still covered) they claim that Medicare isn't being cut.
 
Apparently "save" means increasing the amount that those involved in the program have to pay (beneficiaries) and decreasing reimbursement to providers and funding for MA companies.

Now you are catching on.

It's like what they are doing to the under 65 market. Issue new mandates that will increase premiums significantly. But wait, that isn't true since many will also qualify for a subsidy so their premium payment will actually go down, not up.

Likewise, the health care reform bill will trim $500 billion from Medicare (including fraud and abuse) but in a totally separate bill they will increase physician payments by $200 billion so the original bill will remain "deficit neutral".

Magic!!
 
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