Health care reform bill 101: What does it mean for seniors?
Some seniors may lose Medicare benefits they now enjoy. Many others will gain from an enhancement of Medicare’s prescription-drug program.
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Medicare payment advisory board
Healthcare reform legislation also establishes what it terms an Independent Payment Advisory Board, made up of 15 members, that would submit legislative proposals to reduce per capita Medicare spending if that spending grows too fast.Skip to next paragraph
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“Too fast” is defined as exceeding the growth rate of Consumer Price Index measures for a five-year period that ends in 2013.
If that happens, beginning in 2014, this board will submit proposals to Congress and the president for consideration.
Some critics have charged that this board will be the leading edge of Medicare reductions. Legislative wording in the healthcare reform bill prohibits the board from submitting any idea that would ration care, raise taxes, or change benefits.
Health Care Reform Bill 101:
Introduction: What the bill means to you
Part 1: Who must buy insurance?
Part 2: Who gets subsidized insurance?
Part 3: What's a health 'exchange'?
Part 4: How long will reform take?
Part 5: Who will pay for reform?
Part 6: What will it mean for business?
Part 8: What does it mean for seniors?
Part 9: Rules for preexisting conditions