Tuesday, April 8, 2014

Obama backs down on cuts to Medicare


The Obama administration on Monday canceled planned cuts to Medicare Advantage amid a drumbeat of election-year opposition from Democrats.
The cuts would have reduced the benefits that seniors receive from insurance plans in the program, which offers an alternative to traditional Medicare.
The reversal came as a relief to many Democrats, who feared the cuts would create a backlash among seniors in the midterm elections.
“In many parts of the country, including New York, Medicare Advantage works very well. They’ve shouldered their share already and this proposed cut would have been disproportionate, hurting seniors who would lose doctors or pay more. We’re glad the administration heeded our call and reversed the policy,” Sen. Charles Schumer (D-N.Y.) said in a statement.

http://www.presstv.ir/detail/2014/04/08/357665/obama-backs-down-on-cuts-to-medicare/

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