The Biden administration has enacted the highest Medicare premium
hikes in history right before this year's midterm elections, and
he wonders why his approval rating is so low.
By the way, another thing that he said today was we can't really do anything
about inflation tied to gas prices or food prices.
So, really good campaigning message you got there.
Now, let's talk a little bit about what he's been doing with Medicare,
because it is pretty disastrous.
In June of 2021, Biden's FDA ended up approving a drug
meant to treat Alzheimer's known as Aduhelm.
And the problem with that drug is that it seems like the FDA kind of rushed through
the approval for it.
There are some mixed studies as to how effective it is, and the cost of the drug
as you can imagine, because we live in the United States is pretty astronomical.
So, after the Biden administration's FDA approved it, and
even after all of the scientific disputes about the drug.
The administration used coverage of that drug under Medicare plans
to justify a pretty significant price hike for Medicare.
So in November of 2021, the Centers for Medicine and
Medicaid Services, which administers and oversees Medicare,
approved the historic 14.5% premium increase for all Medicare beneficiaries.
The announcement noted that among other reasons,
the hike reflects the need to maintain a contingency reserve for
unanticipated increases in health care spending.
Particularly certain drug costs, and specifically for
the Alzheimer's drug that I mentioned earlier, right?
And so again, they used that drug as justification for this insane price hike.
A few days later, CMS revealed that the projected cost of Aduhelm I
was alone responsible for half of the premium increase.
The resulting outcry led to the manufacturer of the drug, Biogen,
to have the drug's price the following months.
Now, by the time we hit January of this year, Health and
Human Services Secretary Xavier Becerra, or Bacharia,
as as Biden likes to call him.
Called on CMS to reassess those premium hikes this year, right?
And then, by April of 2022,
Medicare instituted strict rules regarding who could receive Aduhelm under its plans.
Come back to me for a second.
Let me be specific about what those strict rules are,
because I wanted to dig in deeper, figure out what they met.
They would only cover it if you're taking it as part of a clinical trial.
Which by the way, if you're taking the drug as part of a clinical trial,
>> Why are you paying for it?
>> Yeah.
>> That's your trial.
I'm the guinea pig.
Yes, I might be interested in it because it might help me and
there's no other drug available that might help as much.
That's why we signed up.
But it's a clinical trial, so you can make billions in profit.
>> Yeah.
>> And that's the one thing you covered.
Wow.
>> Yeah.
>> In other words, they didn't cover the drug.
>> And someone who works for CMS made that clear during an interview with CNBC.
But that's the only way that they would cover the drug if it's part of
a clinical trial.
Okay, now, around this time, CMS announced a massive 8.5%
increase in the rates paid to for-profit Medicare Advantage plans.
Despite the Medicare Payment Advisory Commission concluding that
Medicare advantage is more costly than traditional Medicare.
And so, just to give you a sense of how disastrous this is,
I mean, they're moving toward privatizing more
components of this incredibly popular government health care plan.
Right?
Medicare.
As Susan Rogers, the president of Physicians for
a National Health Care Program called out.
She says Medicare Advantage insurers such as United Healthcare, Anthem and
CVS/ Aetna are celebrating record profits in the tens of billions of dollars.
Their business plan is simple,
inflate their Medicare payments by making seniors look sicker than they are, and
then pocket more of those Medicare dollars by ruthlessly denying seniors' care.
So that's the kind of care that they provide to our seniors.
Now, let's get back to the Alzheimer's drug, because it turns out that,
as I mentioned, Medicare isn't going to cover that Alzheimer's drug.
And since Medicare isn't gonna cover the drug,
how do you justify that insanely high hike in the cost of Medicare per patient?
On May 27, the Biden administration announced that despite the extraordinary
premium hikes that stemmed from inaccurate price assumptions.
They would not be lowering the monthly premium deducted from social security
checks.
Instead saying any overcharges will be factored into next year's
Medicare premium calculation.
>> Sure, they will.
>> It just like you told us they would this year.
Okay, so, of course, the question is, is Biden stupid or corrupt?
>> Answer is both.
>> And hint both, but we'll explain why both?
I'm not just being glib about it, okay?
There's real reasons we're gonna explain.
So first of all, just let's clarify what happened there, okay?
All that is to say, your Medicare bills are going up 14.5%.
Okay, what you have to pay in.
You're getting nothing extra, but
the private healthcare companies are getting an 8.5% increase.
It's just a robbery.
It's just taking money from you and giving it to the donors.
Now, wait, how do we know their donors?
Well, let me give you graphic six.
So this is the corrupt part.
Biden raked in roughly $47 million from health care
industry executive during his 2020 campaign.
>> It's quite a bit of cheese.
>> And now mainstream media reporters will tell you that has nothing
to do with anything.
No, Biden is not affected by $47 million at all.
This is just a coincidence that he happened to screw over the citizens and
give all the money to the same guys who gave him $47 million to run for office,
total coincidence.
Every mainstream media reporter will tell you, no,
it's not a coincidence, he's a crook.
So now, is he a purposeful crook?
Does he know he's a crook?
No, this gets to the stupid part.
So, the article that came out the other day about how Biden
is befuddled they're not making it up.
It's real.
It's the real White House sources.
It's sort of and Biden genuinely doesn't understand.
He's like, I don't get it, man.
I gave everything to corporations and I passed the infrastructure bill they
wanted, and I did everything that I got corporate goon is supposed to do.
Why am I not popular?
And if you're thinking, come on, how could anybody be that dumb?
But you have to remember the context that Biden has lived his whole life.
He has done this hundreds of times.
They used to call him the senator from MBNA.
That was a credit card company, so he was so corrupt they named him after
a financial institution, and so he would do corporate giveaways.
He would screw the American people over every time, and then what would happen?
Mainstream media would cover for him, and he would tell you the exact opposite.
Joe Biden, average guy from Scranton, originally grew up, he takes the train.
Did you know he takes a train?
Go back home to Delaware.
Okay, average man, average.
The guy has been in the Senate 50 years and his vice president, the average Joe,
average Joe.
They lie on his behalf.
So he thinks it's the old world.
He thinks it's the 19 nineties.
Why aren't they lying?
Well, they are Joe, but here's what you're missing.
Mainstream media still telling the same exact lines.
Did you hear this in mainstream media?
No, this is David's photos Lever that wrote this story and
we're giving it to you guys.
You're never gonna hear this in mainstream media.
They're never going to tell you, and by the way, isn't it interesting?
Fox News is never going to tell you.
Wait, shouldn't Fox just beat the living crap out of Biden for this?
>> No, but they, >> But the healthcare company.
>> Dismantling anything that helps ordinary Americans they love.
>> Yes.
So, the Fox News is also multi-million dollar corporation who also receives
millions and
eventually billions in the long run from those same healthcare companies.
So even the Sean Hannity and
Tucker Carlson's like don't tell people what the real problem with Joe Biden is.
But because of social media and because of all the other factors in media now
people are finding out, and when they find out they're furious.
And bottom line is, though, even if they don't know any of these details.
Joe, what the f did you do for them?
You said you were gonna do higher wages, $15 minimum wage.
You said voting rights.
You said gun rights, gun control, you said, child tax credit.
You said paid family.
And here's how much of it you did, nothing zero and your stupid,
befuddled assets sitting in the White House going, I don't get it man.
I gave them nothing.
Why aren't they happy?
I don't get it.
You know what they're thinking of doing?
No joke.
They're thinking of moving out Ron Klain, who is the chief of staff and
bring in a more conservative, more corporate friendly chief of staff.
They're never going to get it, because they're paid by these companies to
live in this bubble where corporations should receive everything.
We should all be screwed, but we should also like it.
We should like being screwed by corporate rule, so yeah, and
then when he loses the election, he's gonna I don't get it, man.
I made every I made Medicare more expensive.
It's the second most popular program in the country after so scaredy and
I hit it and I hit it hard, and I delivered nothing for the voters.
I swear to God they genuinely don't get it right now.
>> The reason why they don't get it, I'm just gonna keep it real.
They don't get it because they have succeeded in scoring us over
very similar to the way Bush era Republicans would screw you over.
And then they'll point to the extreme right and say, but
we're better than the extreme, right?
So you have no choice, but to vote for us.
I'm done with that, I am.
I'm done with that, okay?
If we continue rewarding them for using that tactic over and over again,
they're gonna keep doing this.
So I'm done.
I'm done. >> I know.
>> I'm done.
>> Okay, so,
>> I'm putting-
>> General elections are a different
thing. In primaries,
you vote against every Democrat. >> They cheat during the primaries and
then you have no choice, but to vote for a crappy, corrupt Democrat.
And you know what?
You do have a choice.
The choice is short term pain by not
rewarding these goons who are just corrupt prostitutes,
I'm done with it. >> I guarantee you if the White House
watch this, >> Go cry about it.
>> Okay.
What they will actually take away from
this is those guys are radicals.
>> Good. Yeah.
I'm so radical that I
don't want elderly people to die, because you guys are dismantling Medicare.
I'm so radical.
Go ahead and call me radical.
You guys are trash.
Absolute garbage.
I know it, the American people know it,
apparently you don't know it. So I'm here to tell you your trash.
There-