Friday, October 31st, 2014

Promises about Medicare on The Obameter

Close the "doughnut hole" in Medicare prescription drug plan

"Barack Obama wants to close the 'doughnut hole' in the Medicare Part D Prescription Drug Program that limits benefits for seniors with more than $2,250 but less than $5,100 in annual drug costs. Approximately 4 million seniors hit the doughnut hole in 2006, paying full price for drugs while also paying drug plan premiums."

Provide easy-to-understand comparisons of the Medicare prescription drug plans

"An Obama administration will require companies to send Medicare Part D beneficiaries a complete list of the drugs the individual used the past year as well as the pertinent fees paid the previous year. Companies will also be required to provide seniors with online versions of this information, so that they can use it at a third-party comparison shopping site, similar to Priceline.com."

Eliminate the higher subsidies to Medicare Advantage plans

"Eliminate the excessive subsidies to Medicare Advantage plans and pay them the same amount it would cost to treat the same patients under regular Medicare."

Allow Medicare to negotiate for cheaper drug prices

"Allow Medicare to negotiate for cheaper drug prices."

Amend the Medicare "homebound" rule to allow some travel without loss of benefits

Amend the Medicare 'homebound' rule, which requires severely disabled recipients to stay in their homes to retain benefits, so that they have the freedom to leave their homes without fear of having their home-health benefits taken away.