In a democracy it is important to have facts when making public policy decisions. The TV ad that states the Obama administration raided Medicare by $716 billion is false.
The $716 billion is a savings from cutting back, for example, on payments to hospitals and insurance companies. This savings goes into funding the Patient Protection and Affordable Care Act (often called Obamacare) which requires people to have insurance. Republicans originally supported requiring insurance because it supports the moral issue of personal responsibility and gets rid of free loaders in the system.
The insurance companies accept this because they will get 32 million new customers. The hospitals accept this because now the emergency room will be filled with people with insurance instead of people with no insurance. Before this reform, hospitals absorbed the costs of patients with no insurance. Eventually, the costs were passed on to people with insurance in the form of higher premiums.
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