HealthCare Notes

5/24/12

How Obamacare Has Saved Seniors Billions On Prescription Drugs

How Obamacare Has Saved Seniors Billions On Prescription Drugs: New data from the Centers for Medicare and Medicaid Services (CMS) about the Affordable Care Act shows that the health law already is helping people under Medicare with their prescription drug purchases. And millions of Medicare participants are taking advantage of preventive services available at no cost to them because of Obamacare. Here are three [...]/p

5/22/12

Mitt Romney's budget would gut Medicare, Medicaid and assistance programs

Mitt Romney's budget would gut Medicare, Medicaid and assistance programs
"That's a budget proposal so severely conservative, it's more drastic that the Paul Ryan budget. Ryan's proposing just a measly $5 trillion in cuts over the next decade; Romney would require between $7 and 10 trillion, making Ryan look like a piker. It's also even more unsustainable for the nation than Ryan's plan. There would be essentially nothing left standing but the Pentagon, looking out for the next war. Meanwhile, the casualites of past ones—disabled vets—would be shit out of luck. No wonder Romney won't put this all down on paper."

5/18/12

Medical Students Embrace Medicare for All | Common Dreams

Medical Students Embrace Medicare for All | Common Dreams
'f you ever want to rekindle your hope for American medicine, spend time with medical students. These bright, energetic minds are going into medicine for all the right reasons — to help people, relieve suffering and find new ways to cure illness and eradicate disease."

5/17/12

Meet Pete Peterson, Architect of Social Security and Medicare Cuts

Meet Pete Peterson, Architect of Social Security and Medicare Cuts
"ny lawmaker who thinks it's a good idea to raise the Social Security retirement age and erode Medicare should agree to relinquish their federal pension and health insurance retroactive to the day they take office. If they can't do that, then they recuse themselves from any vote concerning Medicare or Social Security. Seems like a fair deal to me."

5/11/12

Insurers Will Pay $1.3 Billion In Rebates To 16 Million Consumers Because Of Obamacare

Insurers Will Pay $1.3 Billion In Rebates To 16 Million Consumers Because Of Obamacare: Thanks to a provision of the Affordable Care Act, 16 million consumers and businesses are expected to receive about $1.3 billion in rebates from health insurance companies, according to the Kaiser Family Foundation. The medical loss ratio rule requires insurers to spend at least 80 to 85 percent of premiums on patient care; if not, [...]/p

5/10/12

REPORT: Retirees To Save $20K As A Result Of Obamacare

REPORT: Retirees To Save $20K As A Result Of Obamacare: One of the goals of the Affordable Care Act is to keep health care costs from ballooning. So far, it has done some good; the law has already helped push Medicare costs lower, required insurers to keep administrative spending low or pay customers rebates, and created prevention programs to fight chronic diseases like heart disease [...]/p

Health Insurers Owe Millions In Rebates To Floridians Thanks To Obamacare Regulations

Health Insurers Owe Millions In Rebates To Floridians Thanks To Obamacare Regulations: Health insurance companies owe tens of millions to Florida policy holders after they failed to meet an Affordable Care Act provision that limits the amount of premium dollars that insurers can spend on overhead. According to a Kaiser Family Foundation report, Floridians could receive up to $149 million in rebates this summer, even though political [...]/p

5/5/12

Social Security Is Not Going Broke | Common Dreams

Social Security Is Not Going Broke | Common Dreams
"Which federal program took in more than it spent last year, added $95 billion to its surplus and lifted 20 million Americans of all ages out of poverty?"