SeniorHousingNews says while Democrats lambast vice-presidential candidate Paul Ryan’s proposal to make Medicare a voucher system, Republican presidential candidate Mitt Romney points out President Obama’s Affordable Care Act garners a significant portion of funding by cutting Medicare $716 billion. The combination of reductions in reimbursements to hospitals and private health insurance companies, and reductions to reimbursements to private Medicare Advantage Plans accounts for just under two-thirds of the cuts in Medicare. As MHProNews knows, a significant number of manufactured housing community residents are in the 55+ age bracket, and these cuts could seriously impact their financial well-being. Please see attached graph.

(Graphic credit: Washington Post/Senior Housing News)