The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Thursday, April 16, 2015

The dark side of the doc fix

It is not true that the cuts to Medicare adversely affect only the rich.

Some of the cuts do that.

Others do not.

Obama Is About To Sign The Biggest Health Care Bill Since Obamacare

[I]t cuts billions of dollars from Medicare. 

It requires seniors who earn between $133,500 and $214,000 a year (and couples making twice that amount) to pay more for insurance and prescription drug coverage, and cuts spending on supplemental Medigap plans in order to discourage over-utilization of services on the taxpayer dime. 

It also modestly reduces long-term spending on providers of hospice care, home health services and nursing homes.

The Democrats gave that to the Republicans in return for extension of the CHIP program.

The mutual estrangement between seniors and Democrats continues to grow.

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