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Posts Tagged ‘Affordable Care Act’

October 16, 2012

Health Care News

As health care becomes an increasingly debated topic, it is critically important for every American to understand the impact of Obamacare. The Heritage Foundation’s newly updated “Obamacare in Pictures: Visualizing the Effects of the Patient Protection and Affordable Care Act” shows through charts and graphs Obamacare’s far-reaching negative effects on all Americans. (continues below slideshow)

Obamacare in Pictures: Visualizing the Effects of the Patient Protection and Affordable Care Act from The Heritage Foundation

Here are a few examples of what the chart series depicts:

Obamacare’s cuts to Medicare. Obamacare cut $716 billion out of the Medicare program to pay for new spending in Obamacare. These cuts come from Medicare Advantage, hospice services, nursing homes, and more. Taking this money out of Medicare will have serious implications on seniors’ ability to access care. For instance, the Medicare Actuary predicts that by 2017, 50 percent of the seniors enrolled in Medicare Advantage—7.4 million—will have to leave their private plans and move into traditional Medicare—which offers less generous benefits, no cap on catastrophic costs, and separate plans for drug coverage.

Read the rest on The Foundry…

Tags: Affordable Care Act, impact, Medicare Advantage, Medicare cuts, Obamacare in Pictures, slideshow