Nichole Hungerford

Comeuppance: Obama’s Own Centers for Medicare & Medicaid Services Releases Devastating Report on Obamacare

Posted on April 25 2010 4:00 pm
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The Centers for Medicare & Medicaid Services (CMS) has released a report detailing dire outcomes for the healthcare reform bill, namely, that it will increase healthcare costs, cause seniors to lose Medicare coverage, and decrease the amount of healthcare providers willing to participate in the Medicare system. Connie Hair at Human Events writes,

Obamacare’s smoke and mirrors budgeting gimmickry has real world consequences that will cause more than seven million seniors to lose their current Medicare coverage and could force as many as 15% of hospitals, skilled nursing facilities, and home health agencies out of participation in the Medicare system altogether.

The report in question explains the latter projection:

Over time, a sustained reduction in payment updates, based on productivity expectations that are difficult to attain, would cause Medicare payment rates to grow more slowly than, and in a way that was unrelated to, the providers’ costs of furnishing services to beneficiaries.  Thus, providers for whom Medicare constitutes a substantive portion of their business could find it difficult to remain profitable and, absent legislative intervention, might end their participation in the program (possibly jeopardizing access to care for beneficiaries).  Simulations by the Office of the Actuary suggest that roughly 15 percent of the Part A providers would become unprofitable within the 10-year projection period as a result of the productivity adjustments.

This is probably nothing to worry about because in the Obama-era, you see, practically any emotionally driven piece of legislation can be rammed through the House and Senate and made into law. One day, we’ll simply hear about an amendment appended to the “Bovine Flatulence Reduction Act,” or some such thing, which will criminalize non-participation in Medicare. Then, the rest of us will absorb the shortfall of Medicare in the form of higher costs and insurance premiums. The liberal cycle of destroying a system already foundering from government with more government will then be complete. What’s next on the agenda?

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