Today the Obama administration is expected to announce massive cuts to the payment rates for Medicare Advantage plans next year. American Health Insurance Plans (AHIP) reports that these seniors could face premium increases and benefit reductions of $35-$75 per month, or $420-$900 next year.
Of the more than 50 million older Americans who receive coverage through Medicare, about 30% - or 15 million - are enrolled in Medicare Advantage plans.
If President Obama were actually listening to seniors, they'd share with him one of Joe Biden's famous lines... this is a big deal.
Seniors will see the impact of any cuts in late October 2014, when they begin enrolling in their Medicare Advantage coverage for the following year. That comes at a politically disastrous time for Democrats -- their policies will have awakened a political giant.
Democrats, including former top operative for Harry Reid are sounding the alarm bells
"Democrats they had better watch out"Already worried about the political fallout of seniors that are being hit with a reduction in benefits and higher costs, Democrats like Kay Hagan, Mary Landrieu and Mark Pryor are panicked
. This week, they were forced to admit in a letter to Centers for Medicare & Medicaid Services that they indeed cut Medicare for seniors after repeatedly promising they would protect these programs from cuts.
Democrats should be worried. Americans want Obamacare and it's Medicare cuts dismantled.
Help us send the message to the liberal Democrats by electing a GOP majority in November.