30
Jul
14

ObamaCare: Making Medicare Stronger For Future Generations

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White House: Medicare Trustees Report Shows Significant Improvements For Seniors And Taxpayers

Today’s annual report from the Medicare program’s Boards of Trustees brings good news about the program’s financial future: Its Trust Fund will last four more years, to 2030, and projected Part B premiums for 2015 will not increase for the second year in a row. As we celebrate Medicare’s 49th birthday this week, we will recommit to ensuring that the program continues providing health and economic security for the nation’s elderly and people with disabilities through the 21st century and beyond. Today’s news shows that we are on the right track, and we are optimistic that the promising results we’ve seen in recent years can continue into the future. In 2009, the Trustees projected the Hospital Insurance Trust Fund would not be able to pay its bills in 2017 – just three years from now. Today’s new date is 2030, 13 years later than that projection – an improvement that is thanks in part to reforms in the Affordable Care Act (Chart 1).

The law implemented changes to promote value-based payments, reduce waste and fraud, and strengthen the program’s benefits. These changes, for example, have reduced hospital spending on preventable readmissions, helping to lower hospital costs, which constitute a significant portion of trust fund spending. Lower Medicare spending means lower cost sharing and lower premiums for Medicare beneficiaries. For the second year in a row, premiums in Part B are projected to stay the same in 2015 as in 2013 and 2014. This means seniors are expected to keep more of their annual Social Security cost of living adjustment. In fact, the last six years have seen some of the slowest premium growth in the program’s history. Moreover, the Affordable Care Act has saved millions of beneficiaries over $10 billion in prescription drug costs by improving prescription drug benefits and closing the “donut hole.”

More here

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medicaretrustfund

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Sahil Kapur: Obamacare Will Help Medicare Remain Solvent Even Longer, Trustees Report Says

The Medicare insurance trust fund will be solvent until 2030, four years longer than projected last year, according to a trustees report released Monday. The trustees report chalked up the new projection to the recent slowdown in health spending growth and various cost-saving reforms enacted under Obamacare. “In recent years U.S. national health expenditure (NHE) growth has slowed relative to previous historical patterns,” the report read.

It added: “The Board assumes that the various cost-reduction measures … will occur as the Affordable Care Act requires.” (Obamacare has been credited in recent years with extending the life of Medicare beyond 2016, the year it was projected to go in the red prior to the ACA’s enactment.)

More here

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Amy Goldstein: Medicare Finances Improve Partly Due To ACA, Hospital Expenses, Trustee Report Says

Medicare’s financial stability has been strengthened by the Affordable Care Act and other forces that have been subduing health-care spending, according to a new official forecast that says the fund covering the program’s hospital costs will remain solvent until 2030 — four years later than expected a year ago. The trustees’ forecast said that the trust fund that pays for hospital care — Medicare Part A — has been strengthened significantly,

with the date when it is predicted to start running short of money extended by 14 years since the Affordable Care Act was enacted in 2010. The report also predicted that the insurance premiums that older Americans pay for the portion of Medicare that covers doctors’ visits and other outpatient care would probably remain the same for a third year in a row.

More here

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120 Responses to “ObamaCare: Making Medicare Stronger For Future Generations”


  1. 1 Judith Fardig
    July 30, 2014 at 4:05 pm

    Commenting..

  2. 3 yardarm756
    July 30, 2014 at 4:06 pm

    I know I’m close?

    • 4 Judith Fardig
      July 30, 2014 at 4:07 pm

      Very close, sailor! You can captain my ship!

      • 5 yardarm756
        July 30, 2014 at 4:09 pm

        Naw. I’m a bilge rat in this vessel. :D

      • 12 jackiegrumbacher
        July 30, 2014 at 4:10 pm

        Hi Judith. How is my fellow alum, your daughter, doing?

        • 13 Judith Fardig
          July 30, 2014 at 4:20 pm

          Hi Jackie,

          My daughter is very worried that she and all her visiting public health nurse colleagues at their South Seattle King County clinic will be out of a job in December. They have been on soft money which has dried up. She loves her families with their precious new babies and can’t bring herself to even think about applying for another job. She showed me her letter to President Obama inviting him to walk a day in her shoes. He would totally love the Ethiopian triplets (and their 2 siblings under age 5) whose parents are trying so hard to make it in this country. This program is making such a difference for at-risk pregnant women and families with vulnerable newborns. I hope the marijuana money comes in big and in time, or Bill & Melinda Gates Foundation funds it.

          • 14 jackiegrumbacher
            July 30, 2014 at 4:41 pm

            Oh, Judith, I had no idea that the situation was so tenuous in clinics like these. I hope and pray that a good funding source turns up quickly. Please let us know. You must be very, very proud of your daughter for this amazing work.

  3. 16 Judith Fardig
    July 30, 2014 at 4:07 pm

    We have always had to fight the GOP to protect Medicare and Medicaid and must continue the fight to protect the ACA.

  4. 17 jackiegrumbacher
    July 30, 2014 at 4:09 pm

    Another gem, Nerdy. You are so inspired to spread the good word about ACA, you make all of us smarter and better advocates. You really are “the teacher” in all the best and most beloved sense of that word. If the White House knew what a talent you are, they would hire you in an minute.

  5. 21 Nena20409
    July 30, 2014 at 4:17 pm

    I <3 stories on ACA. Great Job NW.

    http://talkingpointsmemo.com/livewire/white-house-threatens-veto-gop-border-bill

    "If the President were presented with H.R. 5230, his senior advisors would recommend he veto the bill," the White House Office of Management and Budget said in a statement on Wednesday.

  6. 23 Gazelle
    July 30, 2014 at 4:28 pm

    [Someone got a super ride! :) ]

    Rep. Emanuel Cleaver
    ‏@repcleaver
    This afternoon I’ll go back to DC on AF1. Ready to create jobs, expand opportunity, & strengthen middle class. #ObamaInKC #OpportunityForAll

  7. July 30, 2014 at 4:30 pm

    Here we go !

  8. 28 Linda
    July 30, 2014 at 4:35 pm

    The House is currently voting on procedures for the lawsuit right now. Getting ready for the final vote.

    After they vote on the lawsuit they have their final vote of the day on the VA bill, which does not match the Senate bill….

    It appears the VA bill will have to wait until September.

    • July 30, 2014 at 4:37 pm

      It after the elections? Nothing of substance will be done until after elections.
      The t baggers will kill the republicans if they do. :(

    • 31 57andfemale
      July 30, 2014 at 5:05 pm

      And the ads write themselves: “Suing PBO over non-existent offenses more important than our veterans.”

      Love it.

      I forget where I read it: maybe Benen or Sargent, or dkos: where there was a delineation of the procedures the Dem’s wanted – like no conflicts of interest with attorneys, etc. I think there were about 10, all reasonable. All voted down in committee.

    • 32 57andfemale
      July 30, 2014 at 5:14 pm

      Well, Linda, the House passed something. The L.A. Times article says the Senate will put its version up for a vote tomorrow, most likely. I don’t know how close they are.

      But the House did actually take a minute to pass the damned thing.

  9. 33 Nena20409
    July 30, 2014 at 4:37 pm

    Now this explains party why the Chuck Todd of the world is having: It’s a Heartache…….nothing, but a Heartache……

  10. July 30, 2014 at 4:38 pm

    Layla, Ditto!
    Some things , why even bother……
    They are out of here 2014!

  11. July 30, 2014 at 4:41 pm

  12. July 30, 2014 at 4:43 pm

  13. 44 Nena20409
    July 30, 2014 at 4:43 pm

    Col Morris Davis cracks me up.

  14. July 30, 2014 at 4:44 pm

    Keep digging @GOP …

    • 46 Nena20409
      July 30, 2014 at 4:48 pm

      :shock: :?: Nope.

      Look at the 5 in the SCOTUS.

    • 47 Layla
      July 30, 2014 at 4:52 pm

      The ads just keep writing themselves!!!!!

    • 48 jackiegrumbacher
      July 30, 2014 at 4:52 pm

      Nice way to kill the Catholic vote, Republicans. Keep it up. There are probably one or two other ethnic or interest groups you haven’t insulted yet. The voting season is still young and they’ve got miles of insults they can still pile up before they sleep.

  15. 49 Nena20409
    July 30, 2014 at 4:46 pm

  16. 50 Gazelle
    July 30, 2014 at 4:47 pm

    [OMG! I can only put a bit of the article, but it's about NRA's top lawyer whom you never hear about. My mouth fell open a few times.]

    [.....] The following morning, Dowlut was charged with first-degree murder. A year and a half later, a jury found him guilty of second-degree murder. Before the judge handed down a life sentence, he asked the defendant if there was any reason why he shouldn’t be put away. Dowlut replied, “I am not guilty.” A day later, the Indiana State Prison in Michigan City registered Dowlut, now 19, as prisoner number 33848.

    Less than six years later, Robert Dowlut would be a free man—his murder conviction thrown out by the Indiana Supreme Court because of a flawed police investigation. The court ordered a new trial, but one never took place. Dowlut would return to the Army and go on to earn college and law degrees. Then he would embark on a career that put him at the epicenter of the movement to transform America’s gun laws. [.....]

    .

    http://www.motherjones.com/politics/2014/07/robert-dowlut-nra-murder-mystery

  17. 52 JER
    July 30, 2014 at 4:53 pm

  18. 53 JER
    July 30, 2014 at 4:54 pm

  19. July 30, 2014 at 5:00 pm

    Is this the shaders miller bill? If so should be on it’s way to presidents desk!

    • 55 57andfemale
      July 30, 2014 at 5:11 pm

      It needs Senate approval.

      Is this the compromise bill between Miller & Sanders?

      • 56 57andfemale
        July 30, 2014 at 5:13 pm

        I guess it’s close; but the article says that the Senate is to vote of their version, probably Thursday but no vote is scheduled yet. I don’t know how close the two bills are.

  20. 57 Nena20409
    July 30, 2014 at 5:05 pm

  21. 58 Linda
    July 30, 2014 at 5:06 pm

    Republicans Want DOJ To Investigate IRS’ Lerner For Referring To GOP ‘Crazies’ As ‘Assholes’

    http://talkingpointsmemo.com/dc/dave-camp-lois-lerner-emails-assholes

    lol…

    • 59 Layla
      July 30, 2014 at 5:24 pm

      I think I will just turn myself in to the DOJ right now and I don’t even live in the US!!!!!!

    • 60 0388jojothecat
      July 30, 2014 at 8:55 pm

      She left the IRS. These rat bastards would kill her if they could and she’s one of them.

  22. 61 JER
    July 30, 2014 at 5:06 pm

    • 62 donna dem 4 obama
      July 30, 2014 at 5:56 pm

      I’m sorry but Mark Knoller cracks me up. His tweets are just priceless. To say that he is a well known journalist in DC is simply amazing to me. :shock:

  23. 63 Nena20409
    July 30, 2014 at 5:07 pm

  24. 65 JER
    July 30, 2014 at 5:09 pm

  25. 75 Linda
    July 30, 2014 at 5:13 pm

    “U.N. Spokesman Breaks Down Sobbing On Live TV Over Palestinian Children Killed In Shelling”

  26. July 30, 2014 at 5:15 pm

    • 79 Jeff
      July 30, 2014 at 5:21 pm

      I think that their are many in congress that are resistant to send money to the Israeli regi- er I mean state because they are horrified at what is happening, but are unwilling to admit it. Optimism, perhaps but what else do we have?

  27. 80 kasai
    July 30, 2014 at 5:17 pm

    Good Day Everyone:-)

    LOL! at Stephen Colbert….This made me chuckle…WTG Stephen!
    Stephen Colbert Buys TheSarahPalinChannel.com, Promises His Own ‘Angry Echo Chamber’

    http://www.huffingtonpost.com/2014/07/30/colbert-buys-thesarahpalinchannel-sarah-palin_n_5633642.html

    • 81 MadameSoph
      July 30, 2014 at 5:38 pm

      Thanks for reminding me Kasai! This one made me laugh and smile too! Have you visited the link?

      http://thesarahpalinchannel.com/

      “The only Sarah Palin Channel on the internet with a definite article in the address!” Ha Ha! Stephen rocks! And he has a good heart too :-)

      • 82 kasai
        July 30, 2014 at 5:46 pm

        LOL! Yes I have…He’s getting more hits and plays than actual Palin site for FREE…Love It!

  28. 84 Linda
    July 30, 2014 at 5:24 pm

    Chris Cillizza’s Fixation On Hillary Clinton’s Wealth

    The Fix Has Devoted At Least 13 Posts To Clinton Wealth In Just 2 Months

    http://mediamatters.org/blog/2014/07/30/chris-cillizzas-fixation-on-hillary-clintons-we/200250

  29. 86 lockewasright
    July 30, 2014 at 5:25 pm

    Actually taxing the rich would solve the Social Security solvency issue in a heartbeat. MORE immigrants, not less, would also solve the problem. Want to shrink the gap between the size of the retiring generation and the generation working and paying in to Social Security? Add more workers by encouraging people to immigrate to American and having laws that facilitate it!

    • 87 57andfemale
      July 30, 2014 at 5:28 pm

      Just raising the cap would make a huge difference. I know it doesn’t fix anything, but the current cap is nowhere near the percentage it was when I entered the adult work force in the early 70’s.

      • 88 lockewasright
        July 30, 2014 at 5:30 pm

        Yup, the super rich folks could contribute on ALL of their income instead of just a fraction of it. That would make a massive difference.

  30. 89 Ladyhawke
    July 30, 2014 at 5:29 pm

    Obama urges GOP to ‘stop hating all the time’; GOP responds with lawsuit

    http://www.msnbc.com/rachel-maddow-show/obama-urges-gop-stop-hating-all-the-time-gop-responds-lawsuit

  31. July 30, 2014 at 5:40 pm

    It doesn’t get more tragic than this:

    • 91 nospin
      July 30, 2014 at 5:45 pm

      I am heartbroken.

      We have got to do better.

      US Taxpayers should not fund Bibi’s wars.

      • July 30, 2014 at 5:51 pm

        When will the world stand up together to demand a halt to this massacre? When will people see that this has gone beyond defense? Bombing schools, playgrounds, markets, UNRWA areas?? I know POTUS has asked Netanyahu to stop this and in response Netanyahu only ratchets up the slaughter. And then they try to humiliate Kerry and ask the U.S. to leave them alone? Disgusting horrific display of inhumanity.

        • 93 nospin
          July 30, 2014 at 6:08 pm

          maybe what I need to do is to tweet this and stories like this to Harry Reid and others in Congress cc POTUS, VPOTUS and SOSKerry.

          I will give the benefit of the doubt to Congress that they were unaware of the massacre of the people of Gaza. Because I too was unaware of the gravity. Maybe then they will connect and it will change minds. We cannot walk lockstep with Israel and ignore the genocide of a people.

          Regardless of religion or country of origin – this is wrong and a crime against humanity.

    • 94 Jeff
      July 30, 2014 at 5:47 pm

      the blood is on Netanyahu and our shameless pandering to AIPAC.

    • 95 Nena20409
      July 30, 2014 at 6:01 pm

      Oh no. There was a horrific situation where 3 babies were sharing an incubator……I saw one picture here. So very sorry. This is just so sad. I wonder if this was part of the problem.

    • 96 0388jojothecat
      July 30, 2014 at 9:21 pm

      So sad… She’s an angel now with her mama.

    • July 31, 2014 at 2:11 am

      This is really too much! Israeli leaders and the IDF are committing crimes against humanity and should be prosecuted!

  32. 98 Linda
    July 30, 2014 at 5:45 pm

    Walter Jones – R Virginia is the only Republican voting NO on the lawsuit

  33. 99 Linda
    July 30, 2014 at 5:49 pm

    John Lewis speaking on cspan 1

  34. July 30, 2014 at 5:50 pm

    Lol

  35. 101 Linda
    July 30, 2014 at 5:55 pm

    5 NO votes on the VA bill….all Republican

    Crawford
    Jones
    Kingston
    Sanford
    Stockman

    Ha ,,, I had forgotten Sanford is back in Congress….

  36. July 30, 2014 at 5:55 pm

  37. July 30, 2014 at 6:01 pm

  38. 105 Nena20409
    July 30, 2014 at 6:05 pm

  39. 106 Nena20409
    July 30, 2014 at 6:08 pm

  40. 107 Nena20409
    July 30, 2014 at 6:13 pm

    Jay “Clark Kent” Carney on The David Letterman show. Here’s a little clip released by the Show.

  41. July 30, 2014 at 6:15 pm

  42. July 30, 2014 at 6:20 pm

  43. 112 nospin
    July 30, 2014 at 6:24 pm

    Republicans are going to get CRUSHED this fall.

  44. 113 Linda
    July 30, 2014 at 6:26 pm

    I can’t wait to find out which Republican was vote # 218.

  45. July 30, 2014 at 6:30 pm

  46. July 30, 2014 at 6:31 pm

    This is arguably the most unexpected piece of news in the new Medicare Trustees report: the government’s hospital insurance program might be spending less money to cover more beneficiaries than it did a year ago….

    …But what’s definitely clear — and what’s driving this trend — is that Medicare is spending significantly less per person than they did two years ago. And this report expects that trend to continue for another two years going forward….

    ….By 2015, the Medicare Trustees’ Report projects that the program will spend less per person on hospital care than it did in 2008. This doesn’t happen much in health care: not just slower growth, but the actual dollar amount spent on a given type of care dropping…..

    • 117 aquagranny911
      July 30, 2014 at 9:06 pm

      This is because Medicare is now paying for “quality of care” rather than “quantity of care” & hospitals can get penalized if too many patients return in less than 30 days for the same issues. Hospitals are now encouraged to provide adequate & supportive after care that promotes recovery rather than sending a patient home who then returns 3 days later with complications. Everybody wins here. Patients get better care & medicare saves money.

  47. July 30, 2014 at 6:52 pm

    The House voted 225-201 adopt H.Res 676, a resolution authorizing a lawsuit against President Obama for use of exeuctive order in implementing the Affordable Care Act. Debate on the resolution consumed much of the chamber’s late Wednesday afternoon, and House Minority Leader Nancy Pelosi and other Democrats held a press conference on the lawsuit. Five Republicans voted against the measure.

    http://www.c-span.org/video/?320783-1/awaiting-house-democrats-news-conference-gop-lawsuit-president


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