Reed to White House: Back off Additional Cuts to Medicare Advantage
Tom Reed is calling Obamacare’s $300 billion in cuts to Medicare Advantage “unfair” and urged the White House to back off any additional cuts. The latest cut to Medicare Advantage came in another after-hours communication from the White House released February 21st. In the 148-page document, the White House announced Medicare Advantage plans would see an almost six percent cut to their 2015 Medicare Advantage payments.
“The White House cuts to Medicare Advantage are unfair and further jeopardize access, affordable plans and threaten a program that more than 1.1 million New Yorkers rely on,” Reed said. “We’re hearing from countless seniors at our town halls and senior resource events about the need to protect Medicare Advantage and prevent the White House from going down its path even further.”
The recently announced cut for 2015 in combination with the cut Medicare Advantage plans experienced in 2014 results in a double-digit cut in 24 months.
Studies show Medicare Advantage is more effective than traditional Medicare, especially for individuals with disabilities, chronic conditions and those living in rural areas. Medicare Advantage reduces hospitalizations by over 20 percent, decreases emergency room visits by 20 to 30 percent and lowers readmission rates from 13 to 20 percent – all while decreasing individual health care costs by thousands each year.
“Medicare Advantage is a proven, successful program that should remain a choice for seniors in our area,” Reed continued. “I urge the White House to stop additional cuts to Medicare Advantage that further devastate the health care landscape.”
Sunday marked the fourth anniversary of the President’s health care law and Reed says health care has only become more uncertain in the years since. “Obamacare has made health care in the United States uncertain and unstable for millions of Americans. Now more than ever we need to protect the proven, stable health care options we already know are working well.”
Of the 15 million seniors currently enrolled in Medicare Advantage, more than 1.1 million are New Yorkers.