Skip to comments.What’s Behind the Medicare Increase?
Posted on 02/14/2012 3:54:44 AM PST by afraidfortherepublic
The Obama administration proposed a sharp increase in spending at the agency that runs Medicare and Medicaid and the reason why might surprise you.
Mondays budget calls for spending $4.82 billion on administrative costs at the Centers for Medicare and Medicaid Services for fiscal 2013, a 25.9% increase in the previous years estimated budget of $3.83 billion. That doesnt include the much larger sums the agency spends on its actual programs, which provide insurance to seniors, the disabled and the poor.
A chunk of Baby Boomers will turn age 65 this year and become eligible for Medicare, but that only accounts for a sliver of the proposed budget increase, federal officials said Monday. Instead, most stems from something that has nothing to do with an increase in elderly and poor Americans: new health insurance exchanges.
Federal officials said Monday that the administration projects it needs $864 million in fiscal 2013, which begins Oct. 1, to open the federally run health insurance exchange program slated to start in 2014. The 2010 health overhaul law called for each state to open its own exchange where consumers can shop for policies and tap health insurance tax credits. But for states that chose not to or couldnt get it up-and-running, the law called for the federal government to step in and handle the exchange.
Since both Democrats and Republicans approved of the idea of the marketplaces, most people who followed the legislation expected few states would opt out of setting up their own exchange. But a number of states with Republican governors have backed away. In Wisconsin, Republican Gov. Scott Walker last month announced he would send back a federal grant the state had taken to set up its own exchange.
(Excerpt) Read more at blogs.wsj.com ...
Everything associated with Obama, the Obama administration, and all associated parties to it are frauds. This budget is bullscoot with an emphasis on a political agenda to make the GOP appear the bad guys as they would naturally reject these proposals.
Playing with American’s lives, for political gain IMO. Should be recognized for what it is, and this guy be booted on his butt.
Mondays budget calls for spending $4.82 billion on administrative costs at the Centers for Medicare and Medicaid Services ... which provide insurance to seniors, the disabled and the poor.
CMS ... grrrrrr
I hate those arrogant sob's. They're like the Gestapo.
(hi I'm calling about what you paid Dr X, you have code #Bxxx wrong)If I could, I 'woulda' socked that 'lady' right through my phone. Fascist *w*itch.
'WHAT!?!? Where did you get that information!'
(but, uh, you have the wrong code # and paid the wrong amount)
'YOU are not supposed to have that code! Where did YOU get it!
(but the code and amount....)
'YOU are not supposed to have it!'
'Now GOODBYE!!' (click)