One week from today, the American people will know who their leader is for the next four years. The future president has a huge impact on the future of Medicare. So what are their views on what to do? Whoever wins is up for a challenge, as Medicare spending has increased 40% in the past four years, from $309 billion in 2003 up to $431 billion in 2007. Not to mention, Medicare Part A is set to be bankrupt by 2019.
So what do the two presidential candidates have in mind to turn Medicare around? CBS News covers their plans here. John McCain wants to group together payments to providers into one large sum for better quality care than paying companies on a case-by-case treatment and test basis. He also looks to make those who make over $80,000 a year pay a larger percentage of their own prescriptions. For more on his platform, read here.
On the other hand, Barack Obama wants to allow Medicare negotiate with pharma companies to allow bring down prices of care, as the Vetrans Association currently does. For an in-depth look at Obama's Medicare platform, read here.
Showing posts with label John McCain. Show all posts
Showing posts with label John McCain. Show all posts
Wednesday, October 29, 2008
Friday, October 17, 2008
New Obama Campaign Warns Seniors About Medicare Reductions
I came across this post on The Huffington Post in which it discusses Senator’s Obama’s recent ad campaign that show several shots of distressed seniors in order to drive the message that McCain wants to tax health care benefits and cut Medicare.
The campaign puts the figure at $882 million for Medicare alone. The post also mentions that the McCain campaign did not make a statement about which elements of the program would be cut. Watch the video below:
The campaign puts the figure at $882 million for Medicare alone. The post also mentions that the McCain campaign did not make a statement about which elements of the program would be cut. Watch the video below:
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