Obamacare will Slash Medicare Advantage to the Bone – After the 2012 Election

Posted by PITHOCRATES - April 29th, 2012

Week in Review

First Nancy Pelosi said we had to pass Obamacare to find out what’s in it.  So our representatives passed it.  Along pure party lines.  Against the will of the people.  Something the people didn’t forget by the 2010 midterm elections.  Voting the Democrats from power in the House.  Removing their filibuster-proof majority in the Senate.  Taking a majority of the governorships.  And state houses.  The Democrats paid a high price for passing legislation the people did not want.  And now it may be their president who has to answer for this assault on the will of the people.  Who has no illusions that his signature piece of legislation was rammed down the people’s throats with some of the dirtiest political deal making to ever besmirch the halls of Congress.  And he’s working his hardest to hide the facts of Obamacare before the 2012 election (see Obama’s $8.3 Billion Re-Election Slush Fund posted 4/23/2012 on Investors.com).

Backers like to say the more people know about ObamaCare, the more they’ll like it. So why is the administration spending $8.3 billion to hide a key provision from millions of seniors until after the election?

That’s precisely what administration officials are doing right now as a way to mask the effect of ObamaCare’s deep cuts to the popular Medicare Advantage program.

Championed by Republicans in 1997, Medicare Advantage offers seniors an escape valve from the creaky, government-run Medicare insurance program…

Medicare Advantage has proved popular with seniors, 12 million of whom have enrolled. But the left loathes it, arguing that Medicare overpays insurance companies, thereby ripping off taxpayers to enrich this industry…

Medicare’s own actuary reported that ObamaCare would eventually force more than 7 million seniors off their private plans and back onto traditional Medicare as insurers flee the market.

Obama may not care that this violates his endlessly repeated promise that “if you like your health plan you can keep it.”

But somewhere along the way, someone in his administration realized that millions of seniors would soon catch on that he was lying — and that this would happen just before the November election, when seniors make their annual Medicare Advantage selections.

Not wanting to confront angry voters who’ve seen their health care choice eliminated by ObamaCare, the administration apparently decided instead to paper over these spending cuts, pumping $8.3 billion back into the program through “bonuses” to Medicare Advantage plans…

Almost all the bonus money is front-loaded. In fact, in the first year, the extra bonuses will fill in more than 70% of ObamaCare’s scheduled Medicare Advantage cuts. That will, conveniently, keep Medicare Advantage plans up and running through the election.

So the more you learn about Obamacare the more Barack Obama fears his reelection chances.  So he’s spending $8.3 billion to hush up the truth.  To lie to seniors.  Apparently.  So the seniors don’t learn that Obamacare is going to reduce the quality of their health care.  To lull them in a false sense of security to get him through the 2012 election.  For by hiding the truth his chances of reelection improve.  Which is a sad commentary on President Obama.  And Obamacare.

Should he win reelection then he’ll spring the truth on these unsuspecting seniors.  By destroying Medicare Advantage.  And forcing them into health care plans they don’t want.  Confessing that he was lying when he said “if you like your health plan you can keep it.”  Which makes one wonder what else he has in store for our seniors.  For the cost of programs for seniors (Social Security and Medicare) are the largest and fastest rising costs in the federal budget.  So if he will ax Medicare Advantage just how much more will he cut from programs for seniors?  Now that there are no more elections to worry about?

No wonder he’s spending $8.3 billion to hide the truth.  If this truth comes out who knows what else will come out before the 2012 election.  And that’s something clearly the president can’t afford to chance.  For when you are passing policies the people don’t want the truth is the last thing you want to come out.

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