The Senior Citizens League (TSCL) filed comments with the FDA in May protesting the impending guidance. In its comments, TSCL wrote, "Currently, few CAM approaches are reimbursed by Medicare and are therefore paid out of pocket by the consumer. On the other hand, if vitamins and minerals were regulated as 'drugs,' Medicare might be required to pay for those same vitamins and minerals. Such a simple change in status for CAM theoretically could cost the Federal Government billions of dollars annually."
Medicare's trustees forecast that the Medicare trust fund will be exhausted by 2019. The FDA's new proposal risks bankrupting Medicare's trust funds even sooner.
"On behalf of its 1.2 million supporters, The Senior Citizens League is advocating for ways to ensure the long-term stability of Medicare," said Ralph McCutchen, chairman of The Senior Citizens League. "Not only does this secret plan threaten to bankrupt Medicare even sooner, but it takes choices away from seniors when they need them most."
With 1.2 million members, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. The Senior Citizens League is a proud affiliate of The Retired Enlisted Association. Visit http://www.SeniorsLeague.org for more information.
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