Attention seniors! If you are like me and depend on Medicare for your health care services, now is an important time to be paying attention to what is happening in Washington, DC. It is expected that the Independent Payment Advisory Board, known as IPAB, could soon become a reality.
If you are a longtime reader, then you may already know about IPAB from our previous post. If not, here are the basics:
IPAB was established by the Affordable Care Act. If Medicare spending exceeds a certain level, then a board of 15 unelected officials are given a broad-range of authority to make decisions about mandatory cuts to Medicare spending.
This is a big problem for Medicare beneficiaries like you and me. These bureaucrats are unelected and in no way accountable to voters. They are required to make spending cuts, but not to maintain quality of care. This means IPAB could soon be determining what will be covered under Medicare – from treatments, to procedures, to medications.
And don’t be fooled by the fact that the president hasn’t appointed members to the board yet. Unfortunately, spending cuts are still mandated by law, so all of IPAB’s power is shifted to the Secretary of Health and Human Services. Proposed changes by IPAB or the HHS secretary can even bypass congressional approval. In this case, the future of health care for millions of seniors could be determined by just one individual.
Across the country, more than 670 organizations made up of patients, doctors, hospitals, employers and veterans are advocating for the repeal of IPAB. Additionally, there is bipartisan support from lawmakers to ensure IPAB never becomes a reality. However, time is running out. As seniors, we must join in and encourage Congress to repeal IPAB today. Our health depends on it.