Healthcare Bill and Its Impact on Medicare

The Senate Health Bill has been grabbing headlineshigher healthcare premiums over the next 10
for months as members of the Senate continueyears, passing along much of the healthcare
to debate spending, bill allotments, and the meritsexpenses to Medicare beneficiaries.
of improved or universal healthcare coverage. TheAdditionally, because of reduced payments and
latest iteration of this bill in late November andservices covered by the bill, the Congressional
included a price tag of $849 billion, according toBudget Office estimates that Americans will see a
the Congressional Budget Office. $200 billion alone$195 billion price increase in doctors' fees for
would be set aside to help cover doctors' fees sothose doctors who treat Medicare patients. With
that they would not suffer from a drastic cutonly a percentage of those fees being covered
back to reimbursement rates.by Medicare, patients themselves will have to
Much in keeping with the diversity of Americanmake up the difference out of their pockets.
opinion, this bill has come with more than its fairTRICARE (the military healthcare program)
share of controversy, sparking heated debates onbeneficiaries would see an increase in fees by
both sides of the political aisle.about $64 billion for non-military physicians who
Bill controversysee patients enrolled in the TRICARE program.
Democrats and Republicans are sharply dividedHow can Americans protect themselves from
over the merits and allocations included in thisthese price increases?
healthcare bill. The final vote on the bill showcasedWhile it may be impossible to predict exactly how
this division; the voting results were nearly entirelythis bill will impact Americans and their
along party lines. In the 243 to 183 win by thepocketbooks until the bill is fully approved and
Democratic-controlled House, only 11 Democratsimplemented, Americans would be wise to begin
voted against the bill and only one Republicanlooking for alternative healthcare solutions. Many
voted for the bill. That Republican is also anAmericans on Medicare may want to investigate
obstetrician - Rep. Michael Burgess of Texas.alternatives to Original Medicare plans, including
Republicans called the $200 billion allocation toMedicare Advantage Plans.
cover doctors' fees a political payoff and labeled itAlso, as healthcare prices increase, so will the
as the Democrats' way of thanking physicians forprices of prescription medications and other
their support of President Obama's healthcaremedical services. Therefore, many Medicare
overhaul.beneficiaries would benefit by enrolling in Medicare
What's included in the bill and how will it affectSupplement insurance plans to help cover the cost
Americans?of price increases and of items that are not
The new healthcare bill, which will go into effect incovered by Original Medicare plans.
2010, is said to provide coverage to 94 percentManaging the national healthcare system has
of Americans. The bill is also estimated to cut theproved to be a challenge and a politically derisive
federal deficit by $127 billion during its first tentopic - especially over the past year. While
years. In its second decade, the bill is estimatedchanges are inevitable and are sure to impact
to cut the federal deficit by as much as $650every American, Americans can help to protect
billion. Over a 20-year period, it is believed that thetheir health and their pocketbooks by focusing on
bill would cut the federal deficit by $777.maintaining or improving their health in controllable
However, in order to cut this deficit, the bill willways. Enrolling in affordable healthcare programs,
reduce payments for Medicare plans and cutsuch as a Medicare Advantage or Medicare
spending in a wide variety of other areas. TheSupplemental insurance program, may also help to
Congressional Budget Office estimates thatsave Americans a significant amount of money at
seniors on Medicare will have to pay $49 billion inthe doctor's office.