Side Effects: Seniors Will Lose Big Under Obamacare
Kathryn Nix /
Passage of Obamacare will have negative consequences for practically all Americans. However, it is the nation’s senior citizens who will get the short end of the stick after enactment of the President’s health care agenda. In a recent paper, Heritage health policy expert Robert Moffit, Ph.D., lays out the specific provisions of Obamacare that will hurt seniors:
- Less Choice. Obamacare will reduce payments to Medicare Advantage, likely decreasing benefits and causing approximately half of current participants to drop out. These seniors will have little choice but to go back to traditional Medicare, and buy a supplemental policy to cover Medicare’s big gaps in coverage. (more…)