New facts about Obamacare and Medicare – fiscal savings from rationed care

The simple fact is that Obamacare takes control of the entire health care industry and will fund services by deeply rationing care for Medicare recipients.

Obamacare Panel Rations Medicare Benefits

In his 2013 budget, President Obama gives even greater power to the Independent Payment Advisory Board (IPAB), a panel created by Obamacare to contain Medicare spending. Forbes reports;

“The IPAB is one of the most egregious parts of ObamaCare because it puts rationing of [Medi]care on auto pilot.”

The sole job of the IPAB is to cut payments for Medicare. This can only be done by rationing care or reducing what Medicare pays to service providers. IPAB panelists will be appointed bureaucrats with no oversight by Congress and no authority to improve Medicare – just a requirement to cut Medicare spending.

Obama pulled $500,000,000 out of Medicare to help fund Obamacare.

“Between 2013 and 2020, the health law directs the IPAB to achieve its targets through payment reductions primarily in the Part D prescription drug program, Medicare Advantage, and skilled nursing facility services. Since the board is forced to reduce overall Medicare spending by focusing only on these relatively smaller segments of Medicare spending, the cuts would have to be very deep to achieve overall per capita spending reductions. Access to care inevitably will be impacted.” – Forbes

What to expect from Obamacare and Medicare in the years ahead

• The cost of possible health care options will continue to increase with each new drug, test, and procedure introduced. The CBO assumes that access to possible health care options will be rationed, especially for the elderly.
• The cost of providing coverage to non-elderly citizens will be borne in large measure by limiting care provided through Medicare.
• Medical records will be centralized in Washington DC. – This passed in the Stimulus Bill.
• Medical research will be controlled by Washington DC. – In Obamacare.
• Medical schools will be under the ultimate control of Washington DC. – In Obamacare.
• Care may be approved at different levels depending on who you are and where you live so it is more “equitable” for under-served populations.
• Total health care costs will exceed total federal spending in the next ten years.

In other words, you will get the health care someone in Washington DC decides you need. Your doctor may not be prevented from ordering a test, but unless approved you will have to pay the cost yourself.