The campaign promise, "If you like your plan you can keep it" has lost its luster. The Chief Actuary at CMS estimates half of seniors on Medicare Advantage Plans will be forced out of their plans by Obamacare. He further concludes that:
in addition to losing access to the health plan of their choice, those who are able to remain in Medicare Advantage plans will face substantially higher out-of-pocket costs as a result of the cuts to Medicare Advantage in the new law.
The folks at Heritage concur and take it a step further. They have estimated the number of seniors by state, by county and Congressional district that will lose access to their MAP's.
Taking into account those who remain in the less-generous Medicare Advantage program and those pushed out of it completely, our report found substantial regional variations—benefit losses range from a low of $2,780 in Montana to a high of $5,092 in Louisiana. The percentage of beneficiaries pushed out of the program ranges from 38 percent in Montana to a 67 percent in Washington, D.C., and 84 percent in Puerto Rico.
Georgia seniors fall in the middle with almost half expected to lose their Medicare Advantage Plan due to cutbacks attributed to Obamacare. This is in addition to the 15,000 Georgia seniors that will lose the MAP in January, 2011,
As a direct result of the Medicare cuts used to pay for a massive Medicaid expansion and subsidy scheme under the new law, senior citizens and disabled Americans will pay more but receive less care, and despite repeated promises that “if you like your health plan, you can keep it,” half of those who like the Medicare Advantage plan they’ve chosen will not be able to keep their plan.
Today is election day.
As they say in Chicagoland, vote early and vote often.
Visit Georgia Med Supp for more information.
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