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President Obamas Plan For Medicare and Social Security

Our newly elected President Barack Obama had an interview this past Thursday with editors from the Washington post in regards to Medicare and Social Security reform. They state that the government must gain control over the most costly entitlement programs in order for long-term economic recovery to happen.

Obama’s plan in the coming month is to assemble a “fiscal responsibility summit.” He believes that reducing the cost of health care, stabilizing Social Security, and preventing insolvency of Medicare will the better the financial conditions of the United States. Obama quotes, “The big problem is Medicare, which is unsustainable. We can’t solve Medicare in isolation from the broader problems of the health care system” (Medical News Today, 1/19).

Obama plans to keep a close eye on all the decisions that are being made in regards to these issues, not willing to leave this task under anyone else’s watch. He feels that this is the best way to show people the importance and significance of improving the nation’s financial situation. However, according to Obama, it will not be easy to sell the ideas of reforming Medicare and Social Security to the American people. There will possibly require some sort of negotiation on both ends.

Obama had laid out ten promises on issues relating to health care during his presidential campaign. The majority of the American people have faith that Obama will stick to his word and follow through with his promises.

According to Medical News Today, a poll was conducted by USA Today to report that:

(This poll was conducted from January 9th until January 11th by landline telephones and cell phones. Participants were 1,031 adults with a margin of error of 3 percent)

Obama states that the current economic stimulus plan being constructed in Congress includes funds that would provide states with additional federal Medicaid funds; Medicaid is “needed to deal with vulnerable populations.” This stimulus package will also “help providers, hospitals, medical practices, who are accepting Medicare, they’ve got to get computerized so everybody’s got an electronic medical record and we finally move out of a paper system, which can reduce error and reduce costs” (Medical News Today, 1/19).

Last Modified April 28, 2009 @ 12:30 am
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