Your payroll deductions are not more because of “Obamacare” (unless you are part of the 3 percent whose income is more than $200,000 for an individual or $250,000 for a couple). Payroll deductions are less because of the stimulus. You get more from Medicare. Medicare services are not reduced. The donut hole is closed in stages.
Also, brand-name prescriptions in the donut hole are 50 percent less and generics 14 percent less this year. Medigap policies must provide preventive care without co-payments and exempt preventive services from deductibles. The solvent life of Medicare is extended for at least nine years.
The Affordable Care Act pays for itself by increasing enforcement and penalties on fraud by health care providers (while reimbursement for family doctors increases), cutting down waste, taxing investment income for Medicare (previously only wages were taxed), placing fees on insurance companies that charge premiums that are too high, adding a small tax on indoor tanning and a few other health hazards, and imposing a larger penalty on nonqualified withdrawals from health savings accounts (not for health expenses). It reduces the national debt over the next 10 years and beyond.
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