Liberal pundits were upset late Monday at a series of anti-Obama text messages sent from anonymous accounts to their cell phones.
The Washington Free Beacon decided to fact check the offending texts.
“Re-electing Obama puts Medicare at risk”
True.
President Barack Obama has yet to offer a
comprehensive plan to reform and make solvent the massive federal
program that is approaching bankruptcy despite pledging as a candidate
to “take on entitlements” such as Medicare.
The president’s controversial healthcare reform law cuts more than $700 billion
from Medicare in order to fund a dramatic expansion of federally
subsidized health insurance, and establishes a 15-member politically
appointed board that will have sweeping powers to impose cost control
measures that could limit access to care.
Medicare chief actuary Richard Foster has estimated
that Obama’s plan to cut hundreds of billions of dollars in
reimbursements to hospitals and other health care facilities would
result in about one-fourth of those facilities becoming unprofitable by
2030 and would likely force them to cut benefits or restrict access to
care.
Foster noted earlier this year that under current law Medicare reimbursement payments to doctors are scheduled to drop more than 30 percent on Jan. 1, 2013, and unless dramatic changes are put in place the entire program could become insolvent by 2016 or sooner.
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