On Oct. 1, 2012 the Obama administration started awarding bonus points to hospitals that spend the least on elderly patients. It will result in fewer knee replacements, hip replacements, angioplasty, bypass surgery and cataract operations.
These are the five procedures that have transformed aging for older Americans. They used to languish in wheelchairs and nursing homes due to arthritis, cataracts and heart disease. Now they lead active lives. But the Obama administration is undoing that progress, by cutting $716 billion from future Medicare funding over the next decade and rewarding the hospitals that spend the least on seniors. More here
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