today is a big day in the ongoing effort to update and strengthen Medicare's guarantee to seniors. Senate passage of the Finance Committee's chronic care bill means seniors with multiple chronic illnesses will have their individual needs better met and get the type of care they need earlier. It is my judgment that the Finance Committee has no job more significant than updating the Medicare guarantee, and that is exactly what today is all about. The CHRONIC Care Act begins a transformational change in the way Medicare works for seniors who suffer from chronic illnesses like cancer, diabetes, and Alzheimer's disease. If you could bring the lawmakers responsible for the creation of Medicare into 2017, they would barely recognize the program they created more than half a century ago. Back then, if a senior needed surgery for a broken hip, he or she visited a hospital and used Medicare Part A. If a senior needed treatment for a nasty bout of the flu, he or she visited their doctor and used Part B. Today, more than 90 percent of the Medicare dollar goes toward seniors who have two or more chronic conditions. Today's seniors get their care in a variety of ways. It is not just fee-for-service; there are Medicare Advantage, Accountable Care Organizations, and other new systems under development.…
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