Once again, President Obama is preparing to hit the older Americans. The president does this with no concern to the older Americans. Most Americans are reacting to the budget cut alarm that the president is pulling with a yawn and a go about business as usual. The drill is the same as with every alarm the president has pulled. The cuts were suppose to be in place on January 1, 2013, but were pushed to March 1, 2013. Therefore, to most Americans this is just business as usual and no need to panic.
The president is making a ruckus about the spending cuts on the government programs that he supports, and apparently, Medicare is not one of them. Automatic cuts are taking effect Friday. The so could sequester that is the buzz. Medicare is taking a 2 percent cut, and this could mean $100 billion from the program in ten years. The health care portion of the automatic spending cuts was designed to try to avoid pain for individuals and families. Medicaid, the health care program for the poor, was exempted, as were the biggest subsidies under Obama's health care law, which starting next year will help uninsured people pay premiums. Once again it is a the older Americans paying for others to have healthcare.
The Medicare cut was intended to fall on providers: hospitals, doctors, health plans, drug companies and others. Once the sequester takes effect, Medicare will reimburse them at 98 cents on the dollar. In addition, some jobs will be lost with these cuts. This could mean less nurses and doctors providing care for you older Americans. Furthermore, seniors could see higher premiums overtime if they are enrolled in Medicare Advantage plans, especially if private insurers decided to pass on the 2 percent cuts to the consumer. Older Americans the government continues to throw you under the bus and this need to stop.