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700,000 Medicare Beneficiaries to be Displaced
Weekly Standard ^ | November 20, 2010 | Jeffrey H. Anderson

Posted on 11/21/2010 5:40:37 AM PST by Zakeet

Today's Wall Street Journal reports:

Seniors enrolling in private Medicare policies starting this week are finding fewer options, as health insurers close down certain types of plans due to legislative changes and looming cuts to federal funding.

Cigna Corp., Harvard Pilgrim Health Care, several Blue Cross Blue Shield plans and others aren't renewing hundreds of Medicare Advantage plans, which are Medicare policies administered by private insurers. The moves will displace some 700,000 beneficiaries who must find new policies, according to Humana Inc., a large seller of Advantage plans.

The Congressional Budget Office projects that Medicare Advantage funding would be cut by more than a quarter of a trillion dollars ($254 billion) in Obamacare's real first decade (2014 to 2023), which amounts to cuts of about $25,000 for each of the roughly 10 million Medicare Advantage beneficiaries. Those cuts wouldn't be made if Obamacare is repealed in January of 2013, but $8 billion will be cut by the end of 2012. These Medicare cuts -- both the $8 billion and the $254 billion -- wouldn't be used to make Medicare more solvent over the long haul, but would instead be spent on Obamacare.

(Excerpt) Read more at weeklystandard.com ...


TOPICS: Culture/Society; Front Page News; News/Current Events
KEYWORDS: healthcare; insurance; medicare; obamacare
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Geezers won't need Medicare Advantage anyway under our system ... after they are taken care of by rationing and death panels

1 posted on 11/21/2010 5:40:45 AM PST by Zakeet
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To: Zakeet

(to the tune of kumbaya)
Hope and Change, my lord, hope and change.
Hope and change, my lord, hope and change...


2 posted on 11/21/2010 5:43:25 AM PST by VRW Conspirator (The greatest deterrent to liberalism is sunlight.)
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To: Zakeet
700,000 Medicare Beneficiaries to be Displaced

I hope they all remember this when they vote in 2012.
The Israeli's aren't the only ones whose motto is, "NEVER FORGET".

3 posted on 11/21/2010 5:56:45 AM PST by GoldenPup
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To: GoldenPup

How did a pension and free medical care become a right?


4 posted on 11/21/2010 5:59:03 AM PST by WriteOn (Truth)
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To: Zakeet

Whether or not Obamacare passed, Medicare would have to be cut. It’s unsustainable. There’s not enough money without raising payroll taxes significantly which will harm younger workers and the middle class. Of course, that’s the Obama plan all along - to make us all slaves to big gubmint.


5 posted on 11/21/2010 6:04:15 AM PST by randita
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To: Zakeet

All Medicare Medicaid will go away when it comes to them being forced to choose between paying pensions for federal and state employees over medical care for geezers.

Sad but true.


6 posted on 11/21/2010 6:04:43 AM PST by listenhillary (A very simple fix to our dilemma - We need to reward the makers instead of the takers)
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To: WriteOn
How did a pension and free medical care become a right?

Stand back - you're about to get kneecapped. Medicare is a sacred cow to many who claim to be conservative.

7 posted on 11/21/2010 6:06:37 AM PST by randita
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To: WriteOn

Only in the mind of a moron without a lick of economic sense.

Or a dreamer, who will believe anything coming out of Congress.


8 posted on 11/21/2010 6:08:48 AM PST by wita
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To: Zakeet
Wait! I thought this POS said everything was going to be alright and people will like it?


9 posted on 11/21/2010 6:18:19 AM PST by Lockbar (March toward the sound of the guns.)
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To: Lockbar

To all LIB/DIM geezers: Bwaaaaahahahahahahahahahahahaha!


10 posted on 11/21/2010 6:20:06 AM PST by hal ogen (1st Amendment or Reeducation Camp?)
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To: randita

The idiocy of all this is that Medicare Advantage is the only part of Medicare that made even a whisper of sense. By having private companies administer the plan, rather than the federal government, beneficiaries were forced to participate in managed care. A very small step towards controlling costs-—no wonder the Democrats wanted to end it.


11 posted on 11/21/2010 6:22:53 AM PST by Mangia E Statti Zitto
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To: Zakeet

Obamacare and Taxes: The Final Tab (ATR.org)
link

Not to be forgotten, this part of the Stimulus bill that CONTROLs doctors has to be removed too!

Dr. David Janda explains rationing and why
Link

Obamacare Endgame: Doctors Will be Fined or Jailed if they Put Patients First by Dr. Elaina George
LINK

Ruin Your Health With the Obama Stimulus Plan
LINK

Federal Coordinating Council for Comparative Effectiveness Research Membership Recovery Act Allocates $1.1 Billion for Comparative Effectiveness Research
LINK

OBAMACARE’S LETHAL THIRD RAIL SHOCK TO COME
LINK

Toll-Free number to the Congressional Switchboard
(866) 338-1015

202-224-6121 DeMint
202-225-3021 Pence
202-225-6205 Boehner
202-225-2331 Bachmann YouTube - Videos from this email

12 posted on 11/21/2010 6:30:06 AM PST by GailA (obamacare paid for by cuts & taxes on most vulnerable Veterans, retired Military, disabled & Seniors)
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To: GoldenPup

Bump.


13 posted on 11/21/2010 6:30:19 AM PST by GlockThe Vote (I'm not Anti-Obama - I'm Pro-America)
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To: VRW Conspirator

According to the WSJ it’s a $8+ TRILLION gut over 20 years.


14 posted on 11/21/2010 6:33:30 AM PST by GailA (obamacare paid for by cuts & taxes on most vulnerable Veterans, retired Military, disabled & Seniors)
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To: GoldenPup

Most of them probably voted for “Free health care”, a/k/a a vote for obama in 2008. If thet were that stupid, they will fall for the then Democrat line of “The Republicans want to get rid of your “free health care”.


15 posted on 11/21/2010 6:34:49 AM PST by sport
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To: Zakeet
"And then we swore to them they would be able to keep their current health insurance!"


16 posted on 11/21/2010 6:53:25 AM PST by FormerACLUmember (Character is defined by how we treat those who society says have no value.)
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To: listenhillary

” All Medicare Medicaid will go away when it comes to them being forced to choose between paying pensions for federal and state employee UNIONS over medical care for geezers.

Sad but true.”

.... there, I fixed it


17 posted on 11/21/2010 6:54:19 AM PST by SF_Redux
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To: randita
Medicare would have to be cut

No it doesn't. All you have to do is give existing seniors flexible benefit cards that pay for routine and moderate health care procedures, and prescription drugs, and let the government underwrite catastrophic and end-of-life plans which would be managed by private insurance.

Younger workers can have the option of opting out of Medicare.

Problem solved.

18 posted on 11/21/2010 6:55:05 AM PST by Extremely Extreme Extremist (The Republic of the United States of America)
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To: listenhillary
All Medicare Medicaid will go away when it comes to them being forced to choose between paying pensions for federal and state employees over medical care for geezers.

Sad but true.

And ten's of millions will die within 5 years
In the US alone
Hospitals, Medical clinics, Nursing homes, “Special Needs” units
Will all collapse from funding losses

Rioting in the streets
Widespread despair

It will not be “Pretty”

19 posted on 11/21/2010 7:05:24 AM PST by HangnJudge
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To: Extremely Extreme Extremist; randita
Younger workers can have the option of opting out of Medicare.

Do we get to opt out of paying for Fedzilla's underwriting of Medicare too?

20 posted on 11/21/2010 7:06:03 AM PST by rabscuttle385 (Live Free or Die)
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