Obama Says Health Reform Strengthened Medicare

President Barack Obama made a statement that Medicare, government health insurance program specially designed for senior citizens, will live for many more years.

President Obama, in his weekly radio and Internet address, says the overhaul of U.S. health-care policy has helped Medicare stay sustainable for years to come because of the new law.

“We’ve made Medicare more solvent by going after waste, fraud, and abuse–not by changing seniors’ guaranteed benefits,” Obama said.

Obama also mentioned his plans and other provisions of the health-care legislation, which includes financial aid or 50% discount for senior citizens to afford prescription drugs, new rules and regulations for the government to review and reject “unreasonable rate increases” and free preventative care.

“In fact, seniors are starting to see that because of health reform, their benefits are getting better all the time.” Obama said and followed: “As reform ramps up in the coming years, we expect seniors to save an average of $200 per year in premiums and more than $200 each year in out-of-pocket costs, too.”

Obama said hat his administration have put insurers “on notice” that it has the authorization to cut down improper payments for Medicare Advantage plans, “We are no longer accepting business as usual,” he said.

Healthcare reform, Obama’s greatest legislative accomplishment aside from the controversial financial reform, was opposed by Republicans and remains debatable among a lot of Americans.

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