The Latest in Healthcare

Medicare Part D Plans At Risk

Happy Wednesday folks,

Obamacare, still three million enrollees short of its goal of seven million, continues to struggle.

Maeve Reston of The Los Angeles Times recently reported that “the Hawaii Health Connector has allocated $120 million while signing up only about 4,300 people for health plans — fewer than any other state.” That’s almost $28,000 per enrollee. YG Network was on to something when pointing out the Hawaii exchanges’ problems when President Obama was vacationing there in December. Check out the Aloha! video HERE.

The negative impact of President Obama and his liberal allies’ agenda doesn’t stop there. As many as 14 million Medicare enrollees might be forced out of their current Medicare Part D plans and into “higher cost plans.” According to Emily Egan and Sang Kim from the American Action Forum, “The administration’s proposed Medicare Part D rule, released in January 2014 will have a far-reaching and harmful impact on beneficiaries enrolled in the popular prescription drug program. The most damaging to plan enrollees is CMS effectively doing away with preferred networks in Part D, which negotiate prices that are key to keeping monthly premiums and drug prices low.”

Today, the House Energy & Commerce Committee addresses the threat of the Obama Administration’s rule on Medicare Part D, and witnesses include: Jonathan Blum, Principal Deputy Administrator from CMS; Douglas Holtz-Eakin, bearded economist and President of American Action Forum; Carl Schmid, Deputy Executive Director of The AIDS Institute; and Joe Baker, President of Medicare Rights Center.
You can watch the full hearing HERE.

Seize the day.