Obamacare Does Cut Your Medicare Benefits

Conn Carroll / July 29, 2009

Yesterday at his AARP townhall, President Barack Obama claimed: “Nobody is talking about cutting Medicare benefits.” The July 28th Barack Obama needs to talk to the January 11th Barack Obama, who told ABC News:

We’ve got to eliminate programs that don’t work, and I’ll give you an example in the health care area. We are spending a lot of money subsidizing the insurance companies around something called Medicare Advantage, a program that gives them subsidies to accept Medicare recipients but doesn’t necessarily make people on Medicare healthier. And if we eliminate that and other programs, we can potentially save $200 billion out of the health care system.

Over one in five Medicare patients are enrolled in the Medicare Advantage plans that President Obama wants to completely cut. The benefits that over 10.5 million seniors would probably lose as a result of President Obama’s $200 billion in Medicare Advantage cuts include: (more…)