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Record No: Res 32052    Version: 1 Council Bill No:
Type: Resolution (Res) Status: Adopted
Current Controlling Legislative Body City Council
On agenda: 4/26/2022
Ordinance No:
Title: A RESOLUTION to stop privatizing the United States Medicare system.
Sponsors: Teresa Mosqueda
Supporting documents: 1. Summary and Fiscal Note, 2. Signed Resolution 32052, 3. Affidavit of Publication
CITY OF SEATTLE
RESOLUTION __________________
title
A RESOLUTION to stop privatizing the United States Medicare system.

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WHEREAS, since 1965 Medicare has been the national health care system for seniors and the disabled in the United States; and
WHEREAS, Medicare beneficiaries are among the most vulnerable populations served in health care, and need more, not fewer, benefits and protections; and
WHEREAS, traditional Medicare holds sacred the relationship between Medicare beneficiaries and their chosen health care provider; and
WHEREAS, traditional Medicare, is a public good and should not be privatized; and
WHEREAS, Wall Street has for decades tried and failed to privatize the Social Security system; and
WHEREAS, the prospect of Wall Street getting a piece of what is projected to be $1.6 trillion of annual Medicare spending by 2028 has led to a rush to buy-up Accountable Care Organizations for managing Medicare services; and
WHEREAS, the Trump administration opened the door to the complete privatization of Medicare through a Direct Contracting pilot program allowing private equity firms, insurance companies, and corporate health businesses to directly contract to provide Medicare services; and
WHEREAS, the Biden administration ended the Direct Contracting pilot and rebranded it as the ACO REACH (Accountable Care Organization Realizing Equity, Access, and Community Health) pilot to begin in January of 2023; and
WHEREAS, public health advocates across the country see little difference between ACO REACH and the Direct Contracting pilot, since both pilot programs allow third party private entities to wedge themselves between patients and their healthcare providers and to draw down the Medicare Trust Fund by making huge profits in several ways, including weakening services for Medicare beneficiaries; and
WHEREAS, nothing in the ACO REACH pilot spells out a systemic way to address the real inequities suffered by BIPOC individuals and BIPOC communities due to his...

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