Ritter Insurance Marketing, Craig Ritter

Will Medicare Benefits be Cut if Health Care Reform Passes?

This is a pretty critical question for those considering health care reform.  I found a pretty good article on this questions from politifactcheck which examined President Obama’s statement:  “I just want to assure [you] we’re not talking about cutting Medicare benefits.”  (Read the full analysis here.)

Politifactcheck gives the President a “Half True” grade on this statement.  The $500 Billion in cuts or savings from the Medicare system would be composed primarily of cuts to Medicare Advantage and the reduction of rates of increase for Medical Providers. 

This debate, while somewhat theoretical for now, will become a bit more tangible in a few months when the 11 million Medicare Advantage members get notice of their 2010 benefit changes.

Posted by filed under News .

  • Rick:

    To my knowledge, this has not been “fixed”. The physician fee schedule fix as included in President Obama’s budget projections, so I’m fairly certain this will get done. I believe it would be included in any of the 3 versions of Health Care reform. Some sort of Legislation is required to “fix” this, so I’m guessing that they are counting on some version of one of these 3 bills to be passed by this fall. The clock is definitely ticking on this. Last year MIPPA was passed in July and we’re now in September!

  • I seem to recall that there was to be a 21% cut in Medicare reimbursement to providers in January. This includes the deferred cuts from a year ago.

    What happened to that?


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