Democrats’ policies destabilize Medicare, at the detriment of beneficiaries.
Democrats’ wasteful spending risks destabilizing Medicare, putting existing enrollees at risk.
- Democrats have proposed to add even more costs to the tune of $358 billion over 10 years in reckless spending even though 90 percent of Medicare Advantage plans already offer those benefits.
- Democrats plan to lower the eligibility age for Medicare, destabilizing the Medicare trust fund for existing enrollees.
- Democrats’ price-fixing scheme will kill up to 342 cures over the next two decades, according to a study done by the University of Chicago.
- If the Democrats’ price control system had been in place last decade, only six of 110 currently approved therapies would have made it to patients.
- Democrats’ drug pricing law has increased premiums for beneficiaries in Medicare Part D, and spends $40 billion just to keep them from growing faster than 6 percent each year.
- Democrats recently cut over $300 billion out of Medicare and instead of reinvesting that in the program they gave insurance companies a hand out to boost Obamacare.
- Without changes, working Americans could face a hike in Medicare payroll taxes by 26 percent.
- Biden ignored his obligation to send Congress recommendations on Medicare solvency two weeks after submitting his budget that was triggered by the Trustees Report and its Medicare funding warning.
- A new report on Medicare shows that enrollment in the popular Medicare Advantage (MA) program has grown across the board, showing that more seniors are choosing privately-run, innovative options every year. The report comes from the Centers for Medicare and Medicaid Services (CMS).
- Despite Medicare Advantage’s (MA) growing popularity, the Biden Administration targets this program in an effort to move us backwards towards a socialist single-payer model that will limit patient choice and increase costs.
READ: Democrats Want to Cut Overwhelmingly Popular Medicare Advantage Program
Original source can be found here.
