The truth about Medicare 'cuts'
10/04/2012 7:12 PM
10/04/2012 7:33 PM
I am hopeful that you publish an article addressing the latest ads implying that Medicare will not/has not been fully funded. Candidates from both parties and outside interests have placed ads that skew the truth. I am tired of hearing that $716 billion is leaving Medicare coffers that were established for patient care.
The Affordable Care Act takes $716 billion in Medicare savings by cutting Medicare reimbursement to hospitals and private health insurance companies. The one area these cuts don't touch: Medicare benefits.
The Affordable Care Act reduces payment rates for hospitals and insurers. In no way does it reduce patient benefits.
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