Senior`s & Health Care Reform...8/30/09

Senior`s Benefit from Health Care Reform...

New Report Shows Seniors to Benefit from Health Insurance Reform A new report, "America's Seniors and Health Insurance Reform: Protecting Coverage and Strengthening Medicare," was issued Thursday by the Department of Health and Human Services. The report, available at http://healthreform.gov/reports/seniors/index.html, shines a light on what retirees have to gain from health reform, as well as the wholly unacceptable medical and financial consequences of inaction. According to the study, if no action is taken, Medicare premiums and out-of-pocket costs will soon eat up more than one-third of a retiree's Social Security benefits. A typical older couple would need to save $300,000 for medical bills not covered by Medicare."Health reform is an opportunity to close the Medicare Part D 'doughnut hole,' lower prescription drug costs, help early retirees afford health care coverage, and assist middle-class families with the costs of long-term care. A strong public plan option will hold insurance companies accountable and keep their premiums and business practices in check." The report also shows how health reform can both expand Medicare's benefits for seniors and strengthen Medicare's finances by eliminating wasteful taxpayer subsidies to big insurance companies.

Editorial : How can any Senior be against this kind of reform ? Wait a minute, I`m a Senior and I am for this !