Archive for the ‘AMA’ Category

Biden: “The AMA supported what we did (on healthcare). AARP endorsed what we did, too” … here’s why, Joe.

October 14, 2012

More from the debate …

This one always makes me scream.

Biden said: “The AMA supported what we did. AARP endorsed what we did, too”

That’s factually correct, but very misleading.

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AARP

As we wrote last week, the AARP told Team Obama to stop using their name in the campaign.

Why?

Probably because they feel a bit vulnerable when folks learn that their support had little to do with what’s best for seniors … AARP received a windfall pay-off.

Except for an election year transitional provision, ObamaCare fundamentally eliminates the popular Medicare Advantage program … and, the elimination of Medicare Advantage is a windfall for the AARP insurance business:

Thanks to its cuts to Medicare Advantage, ObamaCare is expected to expand the number of seniors buying “medigap” supplemental insurance plans,”

AARP controls 34 percent of the market for such plans.

According to a 2011 House Ways and Means Committee report, AARP stands to make between $55 million and $166 million from ObamaCare in 2014 alone
Source: Washington Examiner

* * * * *
AMA

Similarly, we previously wrote that the AMA endorsed ObamaCare for self-serving financial reasons.

Yes, the AMA supported ObamaCare, but … according to Forbes, less than 15% of practicing docs belong to the AMA … and “90% of the AMA’s funding comes via a government sanctioned monopoly whereby the AMA sells the billing codes upon which the entire health care system relies”

A provision of ObamaCare explicitly provides for the AMA’s coding monopoly and perpetual government funded  income stream.

How do doctors really feel?

According to Forbes

This past February, 60 percent of more than 5,000 doctors surveyed said the Obama health law would have a negative impact on patients  …. more than half thought it would have a negative impact on their relationships with patients  …43 percent said the health care reform itself would likely lead them to retire over the next 5 years, and only 37 percent said that was an unlikely consequence of this law.

* * * * *

If Obama uses the line again on Tuesday, I hope Mitt pounces.

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