(WOW) Obamacare cuts $716 billion from Medicare over the next decade...

[Playinghardball]

There's a lot of good news about Obamacare.

[leveymg]

1. That's the good news? eom

[leftstreet]

2. Romney got in trouble for quoting that. So now it's a good thing?

say what?

[ProSense]

4. Here:

The Obama campaign goes digital on Mitt's regressive whiteboard lies. (updated)
http://www.democraticunderground.com/10021149847

[msanthrope]

5. Yes--because he said it was a cut in benefits. That is a lie. nt

[dixiegrrrrl]

6. It IS a cut in benefits.

Just got a notice from Medicare, saying certain diabetic products will not be covered any longer.
That is a direct cut in benefits.

An indirect cut in benefits is the number of medical providers who have decided to not accept Medicare
because the rate of pay is too low, a very obvious reaction to reductions in payments to providers.
Patient will have to pay out of pocket if they want to continue seeing their doctor.

[msanthrope]

7. What diabetic products are not being covered for you? It is true that

the formulary has changed, but you have 18 vendors to choose from, right? Further, your co-pay has gone down.

As for cuts to medical providers, do you currently have a medical provider who has cut you off?

http://www.medicare.gov/Pubs/pdf/11022.pdf

[FLyellowdog]

3. I'm thinking "overpayments", "fraud", etc, etc.,etc. nt

[newfie11]

8. Time will tell

Would be nice to know what was cut.

[R. Daneel Olivaw]

9. It could be worse.

It could have been a slash.

[Bunnahabhain]

10. Just an example

On October 1, 2011 the Obama administration slashed Medicare RUGs (how skilled nursing units get paid for delivering post-hospital rehabilitative care) by an average of 19%. What do we think the immediate actions were by people that run these places? Suck up the loss? No, cut staffing and other expenses they can control.

I am for universal healthcare but let's not act like these cuts are not going to have some impact on care under the current model of healthcare delivery in the US.