In an ongoing series of posts about the facts of healthcare, we thought it important—especially in the Florida market—to discuss how the health care reform bill will affect seniors, especially those who rely on Medicare.
The President, and Congress, are both talking about cutting Medicare, which by definition is bad for seniors who rely on the program, right?
Not necessarily. If we continue as we are, by 2019 (ten years from now) spending on Medicare and Medicaid would be 8% of GDP which the country simply cannot afford. It’s estimated, though, that the program would run out of money far before then.
From: http://echealthinsurance.com/blog/
The President, and Congress, are both talking about cutting Medicare, which by definition is bad for seniors who rely on the program, right?
Not necessarily. If we continue as we are, by 2019 (ten years from now) spending on Medicare and Medicaid would be 8% of GDP which the country simply cannot afford. It’s estimated, though, that the program would run out of money far before then.
From: http://echealthinsurance.com/blog/
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