MEDICARE AND THE AFFORDABLE (HEALTH) CARE ACT

This Blog Post has a linked article from the AARP Bulletin. Now, I do not necessarily recommend that anyone join–or not join–AARP. Although it is supposedly a nonprofit organization, I believe that it has “for-profit” subsidiaries or tie-ins with products and services that it might recommended. Everyone should decide for themselves whether to join or buy a product, or NOT, based on their own needs.

I am linking the “Is Your Medicare Safe” article from its January-February 2014 Bulletin; because, there had been a good bit of confusion about the ACA, A/K/A ObamaCare. The link is as follows: http://www.aarp.org/health/medicare-insurance/info-12-2013/medicare-and-affordable-care-act.html.

In fact, as the AARP article states, there actually are certain Medicare savings, which reduced the costs of the Part D Prescription Drug Plan, eliminated the “Donut Hole” and provided other savings to beneficiaries. Oddly enough, the $716 Billion reduction in Medicare costs was already signed-into the ACA Legislation in 2010. The savings, which were realized by negotiating lower charges by the Health Care and Pharmaceutical Industries, was a major political football during the 2012 Presidential Election.

Former Governor Mitt Romney (R-MA) and Congressman Paul Ryan (R-WI), the Republican Ticket for 2012, claimed that President Barack Obama was taking the $716 Billion form Medicare to fund his signature Obamacare. Oddly enough, however, that very same idea was recommended by Ryan in his plan for Medicare as noted in the linked ABC News Fact Check, http://abcnews.go.com/blogs/politics/2012/08/fact-check-obama-ryan-romney-backed-medicare-cuts/. Ryan, however, WOULD have taken those savings out of Medicare. Funny thing, huh?

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    • #4 by cheekos on April 19, 2017 - 2:29 PM

      “Pastuszakarek”, thanks very much for visiting my blog, and for commenting.

      I assume that, by “AOL”, you meant AARP–that’s the American Association of Retired Persons. Let me assure you that I have no qualifications to offer advice on health care, health insurance, health legislation, etc. Not knowing what your problem or question is, I can only suggest that you: identify specifically what your question or problem is and, through the Internet or elsewhere, seek assistance.

      My only reason for including this topic in a blog post, several years ago, is that: many people read the ARRP Bulletins, which I do not receive myself. But the point about funds being shifted, from prescription drug makers and health insurers, to enhance the Medicare Part D funding, is an important one to understand.

      As a retiree myself, and someone who is on Medicare, I do have an interest in knowing what my Health Care Costs, among others, are–and will be. I hope that other Seniors do, as well.

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