| NinjaguyDan said: http://swampland.time.com/2012/08/16/fact-check-obamacares-medicare-cuts/ "As for the cuts, they come from eliminating a massive subsidy to private insurers and gradually reducing the rate of growth in payments to some providers. These changes, while not catastrophic for Medicare, are important. Under the ACA, the federal government will substantially reduce the amount it spends funding Medicare Advantage, which is privately administered insurance offered to Medicare beneficiaries."
Ignore the spin, those cuts are beneficial. The only people who are losing out are the assholescumbag insurance company executives who want to skim +30% off the top to fund their lavish lifestyles. Fuck them! |
http://money.usnews.com/money/blogs/flowchart/2009/08/25/why-health-insurers-make-lousy-villains
