Wednesday, June 1, 2011

Obama Hands Out Medicare Advantage Waiver from ObamaCare

He's running away from his own plan as fast as he can:

Millions of seniors in popular private insurance plans offered through Medicare will be getting a reprieve from some of the most controversial cuts in President Barack Obama's health care law.

In a policy shift critics see as political, the Health and Human Services department has decided to award quality bonuses to hundreds of Medicare Advantage plans rated merely average.

The $6.7 billion infusion could head off service cuts that would have been a headache for Obama and Democrats in next year's elections for the White House and Congress. More than half the roughly 11 million Medicare Advantage enrollees are in plans rated average.

When even AP and Yahoo notice, you know you've got a credibility problem.