Obama Changes Medicare Rules?

If you have read any of my blogs or my newspaper Health Care Weekly Review™ you know I have been both predicting and warning anyone who will listen that health care under ACA will be a financial nightmare. Today in a page 4 article from the New York Times written by Jackie Calmes and Robert Pear the Times, a recognized supporter of Obamacare mentions that Obama may well be entertaining altering Medicare rules. Obama is considering combining Medicare parts A & B to create a single deductible that could increase out-of-pocket for many future beneficiaries but could also pay for a cap on the total expenses and reduce the need to buy Medigap supplementary insurance. This idea first floated by Eric Cantor, the number two House Republican back in a speech in February may provide the basis for other “compromises” on Medicare costs that even the Obama administration recognizes are going to be out of hand under the ACA.

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