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Can Cutting Off Wealthy Seniors Save Medicare? – J.D. Foster

Complete video at: fora.tv JD Foster presents a proposal to cut the Medicare funding gap by stepping down premiums for wealthy seniors, and phasing it out completely for those making more than $660000 annually. If this proposal were to take effect, Foster predicts "you knock off 44 trillion dollars from that almost 68 trillion dollar shortfall." —– Presidents, Members of Congress, and policy analysts across the political spectrum agree Medicare, like Social Security and Medicaid, is massively unsustainable in its current form. The funding shortfalls under current law will, over time, overwhelm federal finances. Moving past general agreement over the problem toward sensible solutions requires two important steps. The first step is agreement on the quantification of the problem and the magnitude of the solution. Washington cannot make the necessary hard choices if it lacks a firm, agreed upon target. The second step is a workable, politically viable approach that can approach, if not reach the target. This panel presents an approach to determining a target and to hitting the target.
From:ForaTv
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Time:03:02 More inNews & Politics

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Chronic Pain Sufferers Report Relief: DRJ Group Teams With Adult Foster Care Facilities To Evaluate Effectiveness Of Stopain Topical Analgesic

DRJ Group Inc., the makers of all-natural Stopain(R) topical analgesics, announced the results of an informal study conducted with chronic pain sufferers at two adult foster care facilities. The test was conducted with residents living at two facilities owned by Leon and Paulette Hanson in Cannon Falls, Minn. The Hansons approached the DRJ Group about conducting an informal study after receiving a complimentary sample of Stopain.

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Chief Medicare Actuary Foster Gets Myers Award

Richard S. Foster, the chief actuary of the Centers for <b>Medicare</b> & Medicaid Services (CMS), was awarded the 2006 Robert J. Myers Award for Public Service on May 16, 2006 by the American Academy of Actuaries. Foster was given the award in recognition of his extraordinary contributions to the public good, outstanding commitment to professionalism, the inspiration he has provided to practicing actuaries, and for the respect he commands both within and outside of the actuarial profession. …
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Time:08:39 More inNews & Politics

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