When the possibility of competition between insurance carriers is excluded, the only way to control Medicare costs is through rationing.
IPAB is a board consisting of 15 unelected, appointed bureaucrats whose task it is to cut the growth of Medicare spending, and the cuts they are mandated to make will be deep.
The decisions IPAB makes behind closed doors can only be overturned by a supermajority of Congress, something almost impossible to achieve.
So, the politicians have set up a system where they can say to seniors, “It was those bureaucrats that cut your Medicare, not me.”
How does IPAB achieve these cuts? The supporters of the law say, “It says right in the statute IPAB cannot ration.” But what IPAB can do, and in fact is their only option for controlling costs, is to cut reimbursement rates to doctors and hospitals. They decide what procedures are important, not your doctor, and they decide what Medicare will pay for them.
When services are no longer available to seniors because reimbursements for those procedures have been drastically cut, that’s rationing.
Posted by Jill Fallon at October 16, 2012 10:53 AM | Permalink