Medicare Advantage...from CORE member Ryan Holderman

From John Curry, June 23, 2009

Makes sense, Ryan. I still feel "O" back peddled on the Advantage "golden egg" to the insurance companies and, in our case, STRS. looks like their campaign contributions to his election tempered his temper. John

From Ryan Holderman, June 23, 2009
Subject: Medicare Advantage

Dear John:

In President Obama's press conference this afternoon he said, "If we're spending $177 Billion over ten years to subsidize insurance companies that are providing Medicare Advantage programs and the people are not healthier, then that's going to go away." He continued to explain that the money would be re-directed to pay for more effective health care reforms.

If retirees are moved to Medicare Advantage and then the programs are diminished because the insurance companies are no longer getting the lucrative subsidies they presently receive, guess who will be the loser....retirees, yet again!

Later,
Ryan