Send me real-time posts from this site at my email
Motley Fool

Dentist Association Takes Scalpel to Medicare Proposal

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

America's largest dentist lobby group has a plan for Democrats' hallmark $3.5 trillion domestic policy bill: extraction.

As part of the package, party leaders want to extend dental benefits to the 60 million older and disabled Americans on Medicare. But the American Dental Association said yesterday it wants a compromise that would pluck out the perk only for those who are really strapped for cash.

10 Out of 10 Lobbyists Agree

There's no debate that there's a problem to be fixed. Half of American seniors didn't visit a dentist last year and 20% have lost all their natural teeth, according to the Centers for Disease Control. Meanwhile, half of those on Medicare don't have any dental insurance at all.

But the ADA argues Medicare — which pays lower rates than private patients —won't reimburse dentists enough to cover their costs. And some providers may refuse to accept Medicare at all, leaving seniors in the lurch.

The powerful lobby group wants the deal extended only to those who earn up to 300% of the federal poverty level — or $38,640 for one person a year. The proposal would take a bite out of the bottom line, but still have teeth:

  • The Dems' current proposal would cost $238 billion over 10 years, according to the Congressional Budget Office.
  • Around half of Medicare recipients earn less than $26,000 a year, according to a 2016 survey.

"If you don't focus on low-income seniors, you are just wasting your money," Michael Graham, the ADA's senior vice president for government affairs, told The Wall Street Journal.

7 Out of 10 Dentists Disagree: Some congressional Democrats have already expressed doubt about the dental proposal, so it's likely some form of compromise will be tabled. One group that's not in doubt: most of the ADA's own 162,000 members. When the organization surveyed its dentists in 2018, 71% said they believed Medicare should include full dental benefits.


Source

Popular posts

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue