TyroneSlothrop
Diamond Member
- Banned
- #21
The ACA Extended The Solvency Of Medicare By Over 10 YearsThis thread is about Obama Care and the Senate was discussing Obama care not Medicare Medicaid or SS.Millions of people voted for Mr. Trump believing that he would keep his word and not cut Social Security, Medicare
Bernie Sanders
(@SenSanders) pic.twitter.com/YhkuSUj…
The ACA has extended the solvency of Medicare by over 10 years, despite false claims to the contrary from right-wing opponents of the program. Discussions of Medicare’s budget outlook typically refer to Medicare’s Hospital Insurance program -- which covers hospital visits, nursing care, and other medical costs. Studies have shown that the ACA has extended the full budgetary solvency of the Hospital Insurance program through 2028, after which “payroll taxes and other revenue will still cover 87 percent of Medicare hospital insurance costs.” In addition to enhancing Medicare’s budget outlook, the ACA improved senior care by reducing prescription costs and extending coverage to key services.
Medicare spending will increase by $350 billion over the next decade if Congress repeals the ACA, accelerating the program’s insolvency. Potential plans to privatize Medicare will gut access to care and cause skyrocketing health care costs for the elderly.