The next myth was that health care reform wouldn't have an effect on Medicare. This one is reasonably funny as a result of right from the terribly get-go, the foremost notable cuts were specifically targeting the Medicare program. When you study Medicare's portion of the overall federal, you'll be able to see that in 1970, Medicare was 4percent of the U.S. federal budget, and by 2011, it had grown to 16percent of the federal budget. If we have a tendency to examine it over the last ten years, from 2002 to 2012, Medicare is that the fastest growing part of the key entitlement programs in the federal government, and it's grown by virtually seventyp.c during that period of your time. Because of how giant Medicare is and how fast it's growing, it's one in every of the key programs that ObamaCare is attempting to urge a handle on, so it doesn't bankrupts the U.S. Medicare goes to be impacted, and after all the initial cuts to Medicare have already been set at concerning $716 billion. Of that $716 billion cut, the Medicare Advantage program gets cut the foremost, and will see the majority of the consequences. What that's going to try to to is increase the premiums individuals pay for his or her Medicare Advantage plans, and reduce the advantages of those plans.>>>
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