Henry, did you bother to read this article? Obamacare is indeed taking $716 billion out of Medicare, much of it coming out of Medicare Advantage. That cost savings will be realized by reducing payments to providers. When Medicare providers get starved and cheated enough, there will be no Medicare providers. BRW, Obama just moved a slick $8.3 billion back into Medicare to temporary cover those Medicare Advantage cuts because they were scheduled to kick in before the election.