On January 1, 2014, ObamaCare cut nearly $22 billion from Medicare home health care over four years. That means an estimated 3.5 million poor and ill homebound senior citizens woke up on New Years Day to discover that ObamaCare had slashed funding for their home health care program. Last year, Medicare home health services were delivered to approximately 3.5 million Medicare beneficiaries. According to the federal governments own data, these seniors are older, poorer and sicker than the Medicare beneficiary population as whole. Many of these seniors also reside in rural communities, where home health care is especially important because other sources of treatment are often located many miles away. But wait, theres more: according to the Obama Administrations own statistics, approximately 40 percent of all providers of home health services face net losses as a result of this Medicare cut. Put more plainly, 4-in-10 of all the providers on whom homebound seniors depend face the threat of bankruptcy and closure as a result of ObamaCare. Thats 5,000 home health care companies and 500,000 jobs wiped out in order to pay for ObamaCare.
Posted on: Wed, 26 Mar 2014 16:49:05 +0000
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