Joe Biden is Getting Ready to Cut Your Medicare Benefits

[bigrebnc1775]

Sure he did. When the ACA passed the trust fund was on track for depletion by 2016. And yet here we are in 2024, with Medicare beneficiaries getting better care, with more benefits, and at the same real per beneficiary costs as they did a decade and a half ago.

Huge success story. It'll be even better if we stop overpaying Medicare Advantage insurers.

Why is it going broke if he did save it?

 

[BluesLegend]

Medicare for all!

LOL no thanks, I'll keep my much better corporate healthcare.

 

[BluesLegend]

Why is it going broke if he did save it?

Dems do nothing but LIE their ass off. Obama stole $500 billion from Medicare to dole out to his deadbeat Obamacare moochers for votes.

 

[Greenbeard]

Why is it going broke if he did save it?

The $90 billion/year private insurers are extracting from it would be the logical answer.

The ACA whacked the mole down once, fifteen years later it's popping back up.

 

[konradv]

LOL no thanks, I'll keep my much better corporate healthcare.

Good for you. Glad to see so much concern for your fellow Americans. You are American, aren’t you? Sometimes with MAGA you don’t really know where their loyalties lie.

 

[22lcidw]

The $90 billion/year private insurers are extracting from it would be the logical answer.

The ACA whacked the mole down once, fifteen years later it's popping back up.

There are a lot of resources spent on medical care. When the people you want are in full power, they will put limits on medical care out of necessity and reduce the surplus population in their minds. Figure out which group you are in for that.

 

[bigrebnc1775]

Dems do nothing but LIE their ass off. Obama stole $500 billion from Medicare to dole out to his deadbeat Obamacare moochers for votes.

Obama stole more than that. The link I used is an old one the newer sources say 800 million

 

[bigrebnc1775]

The $90 billion/year private insurers are extracting from it would be the logical answer.

The ACA whacked the mole down once, fifteen years later it's popping back up.

So Obama didn't save it

 

[bigrebnc1775]

Good for you. Glad to see so much concern for your fellow Americans. You are American, aren’t you? Sometimes with MAGA you don’t really know where their loyalties lie.

Voting for the latest crop of good ole boys and girls in the democrat party makes me careless for the idiots that vote for them.

 

[WorldWatcher]

Sure he did. When the ACA passed the trust fund was on track for depletion by 2016. And yet here we are in 2024, with Medicare beneficiaries getting better care, with more benefits, and at the same real per beneficiary costs as they did a decade and a half ago.

Huge success story. It'll be even better if we stop overpaying Medicare Advantage insurers.

Why is it going broke if he did save it?

Because funding for ACA was to be partially derived from a requirement to carry insurance and if you choose not to, then there would be a tax penalty. This is often called the "individual mandate".

That funding stream for ACA was eliminated after Obama left office by the Tax Cuts and Jobs Act of 2018. A Republican controlled House and Senate reduced the penalty to $0 (eliminating it as a revenue stream) and was signed into law on December 5th, 2017 to take effect in 2018.

WW

 

[j-mac]

Because funding for ACA was to be partially derived from a requirement to carry insurance and if you choose not to, then there would be a tax penalty. This is often called the "individual mandate".

That funding stream for ACA was eliminated after Obama left office by the Tax Cuts and Jobs Act of 2018. A Republican controlled House and Senate reduced the penalty to $0 (eliminating it as a revenue stream) and was signed into law on December 5th, 2017 to take effect in 2018.

WW

As it should be…The government has no business running a business…

 

[Frankenstein]

Bbbbbbbbbbuuuuuuttttttt it's Republicans after social security and Medicare

Silly sheep

As I have said if you want to know what they are going to do, watch they accuse republicans of!

 

[Frankenstein]

Medicare Advantage has been ripping off the government for decades.

The “cut” is a 3% increase.

Yeah, insurers are bitching because they want more of that taxpayer money.

Yeah remember that when Republicans do that!

 

[Lesh]

Because funding for ACA was to be partially derived from a requirement to carry insurance and if you choose not to, then there would be a tax penalty. This is often called the "individual mandate".

That funding stream for ACA was eliminated after Obama left office by the Tax Cuts and Jobs Act of 2018. A Republican controlled House and Senate reduced the penalty to $0 (eliminating it as a revenue stream) and was signed into law on December 5th, 2017 to take effect in 2018.

WW

Which cost the government money of course.

And yet the ACA still saved money overall

 

[bigrebnc1775]

Because funding for ACA was to be partially derived from a requirement to carry insurance and if you choose not to, then there would be a tax penalty. This is often called the "individual mandate".

That funding stream for ACA was eliminated after Obama left office by the Tax Cuts and Jobs Act of 2018. A Republican controlled House and Senate reduced the penalty to $0 (eliminating it as a revenue stream) and was signed into law on December 5th, 2017 to take effect in 2018.

WW

Oh the unconstitutional mandate was removed thanks president trump

 

[bigrebnc1775]

Which cost the government money of course.

And yet the ACA still saved money overall

Obama care stole 800 million from Medicare.

 

[WorldWatcher]

Oh the unconstitutional mandate was removed thanks president trump

One the mandate was never found to be unconstitutional. It was removed by an act of Congress and signed into law by President Trump.

You asked: "Why is it going broke if he did save it?".

Because the GOP defunded the revenue needed to fund ACA, meaning less money for Medicare.

WW

 

[Greenbeard]

Obama care stole 800 million from Medicare.

Obamacare saved Medicare trillions of dollars. Given the nationwide slowdown in health care cost growth after the ACA passed, the savings to Medicare (and everything else, for that matter) turned out much larger than advertised.

 

[bigrebnc1775]

One the mandate was never found to be unconstitutional. It was removed by an act of Congress and signed into law by President Trump.

You asked: "Why is it going broke if he did save it?".

Because the GOP defunded the revenue needed to fund ACA, meaning less money for Medicare.

WW

The mandate was found unconstitutional. Obamacare serviced because it was a tax

 

[bigrebnc1775]

Obamacare saved Medicare trillions of dollars. Given the nationwide slowdown in health care cost growth after the ACA passed, the savings to Medicare (and everything else, for that matter) turned out much larger than advertised.

How does one thing save something when you take 800 million from what you are trying to save and now you have found out it wasn't saved at all