The chief of Medicare on Friday credited Obamacare for continuing to help extend the life of Medicare after a new trustees’ report said it will be solvent for two years longer than expected.
The trustees’ report found that Medicare’s trust fund will remain fully solvent until 2026; last year’s projection was 2024. The two years comes on top of eight more years of initially projected solvency for Medicare due to the Affordable Care Act.This coming on the heels of news that the exchange being established in California is expected to result in lower rates, and that young adults and hospitals have saved $147 million in 2011 alone, thanks to Obamacare.
The snowballing successes, well before full implementation, have the Rethugs so scared, they're now desperately trying to find ways to cut off funding for health care reform.
BONUS: The New York Times had an editorial yesterday on the progress of Obamacare.