Liberal group outlines $385B in Medicare cuts

November 14, 2012 by Ricardo Alonso-Zaldivar

(AP)—A think tank allied with the White House is releasing a plan for Medicare cuts—hoping to stave off even bigger health care reductions in upcoming budget talks with Congress.

Due out Wednesday, the proposal from the Center for American Progress calls for savings of $385 billion over 10 years. President 's and the for the poor are largely spared.

Instead, the plan targets Medicare service providers, from the drug industry to hospitals.

Higher-income Medicare recipients would face increased monthly premiums for outpatient and prescription coverage. After taxes, health care costs are probably the thorniest issue facing policymakers looking for a way to avoid the fiscal cliff, a combination of tax increases and spending cuts looming Jan. 1 if compromise fails.

Explore further: Extra medicare charges for the rich a slippery slope, expert says

shares

Related Stories

Hospitals oppose Obama's Medicare, Medicaid cuts

June 14, 2009

(AP) -- President Barack Obama said Saturday he wants to help pay for his health care overhaul by slowing Medicare and Medicaid spending, but hospitals, medical technicians and others are resisting.

CBO: Senate bill $1 trillion over 10 years

June 16, 2009

(AP) -- A leading health care bill under consideration in Congress would cost the government an estimated $1 trillion over the next decade and reduce the ranks of the uninsured by about one-third, or 16 million individuals, ...

Premiums jump 14 percent on Medicare private plans

February 19, 2010

(AP) -- Millions of seniors who signed up for popular private health plans through Medicare are facing sharp premium increases this year - another sign that spiraling costs are a problem even for those with solid insurance.

Recommended for you

Bacteria in smokeless tobacco products may be a health concern

August 26, 2016

Several species of bacteria found in smokeless tobacco products have been associated with opportunistic infections, according to a paper published August 26 in Applied and Environmental Microbiology, a journal of the American ...

Is tailgating toxic?

August 26, 2016

While tailgating this football season you may want to take a step back from the grill and generator—for your health.

5 comments

Adjust slider to filter visible comments by rank

Display comments: newest first

ForFreeMinds
1 / 5 (1) Nov 14, 2012
Medicare is a lousy deal. After paying Medicare taxes all one's working life, you'd expect that you'd pay less for your health care when on Medicare. But you don't, you actually pay more than before Medicare existed!!!

From David Goldhill (CEO of the Game Show Network, author of "How American Health Care Killed My Father" and life long Democrat): "So even with the government paying almost all of their bills, today's seniors pay a higher share of their income for health care than seniors did before Medicare." http://www.huffin...229.html

This argues that dismantling Medicare would lower costs for seniors, who are on Medicare.

As PJ O'Rourke said, "If you think things are expensive now, just wait until the government makes it free." We don't have to wait, we're already getting a lousy deal.
freethinking
1 / 5 (4) Nov 14, 2012
Idiots who voted for Obama are getting their just desserts. Medicare will be dropped while health care made more expensive.

PaxAeterna
3 / 5 (2) Nov 15, 2012
Finally, they are securing Medicare for future generations. About damn time.
Bookbinder
5 / 5 (1) Nov 17, 2012
"you actually pay more than before Medicare existed!!!"
That's because you get more medical care than existed before Medicare existed. Your assertion appears to be logically challenged.

madsam
not rated yet Nov 19, 2012
"you actually pay more than before Medicare existed!!!"
That's because you get more medical care than existed before Medicare existed. Your assertion appears to be logically challenged.



Something something socialist something something communist propoganda something something fewer jobs and more taxes something something debt. See, irrefutable proof!

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.