WaPo Falls for Obamacare Medicare Okie Doke
The headline over Amy Goldstein’s August 5th article on the Medicare Trustees Report reads “Health-care law strengthens Medicare outlook, report finds” but the facts contradict this conclusion. The Washington Post reports:
The federal law intended to spur broad changes to the nation’s health-care system has strengthened Medicare’s financial condition, with the fund that pays for older Americans’ hospital care predicted to last a dozen years longer than expected a year ago, according to a new government forecast.
But here is what the Medicare Chief Actuary actually writes about Obamacare:
Further, while the Patient Protection and Affordable Care Act, as amended, makes important changes to the Medicare program, and substantially improves its financial outlook, there is a strong likelihood that certain of these changes will not be viable in the long range.
For these reasons, the financial projections shown in this report for Medicare do not represent a reasonable expectation for actual program operations in either the short range (as a result of the unsustainable reductions in physician payment rates) or the long range (because of the strong likelihood that the statutory reductions in price updates for most categories of Medicare service providers will not be viable).
“Trustees expose Obamacare’s fraudulent cost cutting claims” would have been a more accurate headline.