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Senior Citizen Opinions & Analysis

President Obama’s Budget Puts Focus of Medicare Back Where It Should Be

‘In recent years Medicare has become a cash cow for insurance companies’

By Paul Precht, Medicare Rights Center
Director of Policy and Communications

March 2, 2009 - The budget proposed by President Obama redirects the focus of Medicare spending back where it belongs - the efficient delivery of high-quality health care to America’s older adults and people with disabilities.

 

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Read more Opinions & Analysis for Seniors

 

In recent years, Medicare has become a cash cow for insurance companies, providing taxpayer subsidies that far exceed the cost of providing coverage through Original Medicare.

The President’s budget finally ends that bonanza, even as it takes administrative action to ensure people enrolled in Medicare private health plans receive decent benefits.

The savings from increasing the efficiency and quality of Medicare provide a down payment toward covering the tens of millions of uninsured Americans, including the 1.5 million people with disabilities who must wait two years for Medicare coverage to begin.*

The Medicare Rights Center looks forward to working with the Obama administration to ensure that savings generated from its Medicare proposals are also used to make cost-effective improvements to the coverage received by people with Medicare, particularly those living on limited incomes.

* For more information about the two-year waiting period for people with disabilities, click here.

Medicare Rights Center is a national, not-for-profit consumer service organization that works to ensure access to affordable health care for older adults and people with disabilities through counseling and advocacy, educational programs, and public policy initiatives. www.medicarerights.org

 

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