Obamacare vs. Medicare
Peter Johnson, Jr. weighs in
- Duration 3:15
- Date Aug 20, 2012
Peter Johnson, Jr. weighs in
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We just heard from the Democrats on why they say they cut senator's sixteen billion dollars from Medicare.
But are you still confused about the impact it's gonna have on Medicare Peter Johnson junior has been looking at it and he's got some graphics and Peter you're gonna explain what's happy you might be surprised -- look at the cuts to begin with these -- the major cuts that we're talking about.
Under obamacare -- and fifteen billion the hospital's Medicare Advantage with people love -- 156 billion.
And that 56 billion dollars to low income patients hospitals and what's the net affected that -- of 2011 study.
That I found to be absolutely.
It says that.
The cuts could increase patient death rates in America that's right patient death rates take a look at the -- -- the balanced budget act.
Back in the ninety's and what that did.
But to Medicare this a study by what but -- -- and -- Call the long term impact of Medicare.
Payment reductions on patient outcomes and it says that less money.
Being spent on staffing means fewer nurses per bed.
And an increase in mortality in heart attack patients.
The time not immediately will see the ninety day rate of mortality line it goes up the larger the cut to a hospital.
The more people.
Dotson as a result of Medicare cuts cut ways to cut you know again they say cuts kill and so they say.
Based upon what have with the balanced budget act we extrapolate -- -- smaller cuts.
We extrapolate that there can be.
They can't predicted with certainty right there can be an increase of mortality and heart attack patients.
In hospitals were being treated.
That's disturbing -- obamacare cuts affect.
Medicaid some -- providers in my view may affect in program participation chair get out because the numbers are smaller because the reimbursement is less.
These iPad board you've heard about that that's a -- fifteen member unelected -- it's -- reduce growth by reducing payments.
What will that do I know the administration says will we haven't affected.
But we're reducing the amount of money.
-- -- goes to hospitals and who will be hurt the most in my view teaching hospitals and those that serve low income patients will be affected.
The most finally.
Look at this.
This year about 300 million dollars will be taken away.
From hospitals they'll be penalized 1%.
Based on re admissions so Medicare is tightening up.
Tightening up tightening up -- and what is the effect on patient care -- -- we've heard these numbers seven and sixteen billion dollars billion times thrown around we know what the president said that he is saved.
Medicare but it's important to look at what the economists and what the acted and -- the missions are saying about the net effect.
Medicare reimbursement yeah I hadn't seen the mortality rate that that stunning.
Peter that that's the that's not a promise that's their prediction based on the past -- but let's keep in no kids all right Peter Johnson junior.
Breaking it down thank you were gonna see that stopped by hadn't seen any placement -- -- them.