In Poll, Obama Opens Medicare Edge Over Romney - NYTimes.com: "Mr. Clinton brought up Medicare Advantage, a private insurance option for Medicare beneficiaries that is used by 2.1 million Floridians. Begun late in the Clinton administration as an experiment to cut costs through market competition, Medicare Advantage has instead proved more costly than regular Medicare.
The 2010 health care law reduced Medicare subsidies to insurance companies to help save $716 billion over 10 years, which added eight years to the program’s financial life. But Republicans have been on the attack since, charging Democrats with robbing Medicare beneficiaries to pay for “Obamacare.”"
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