There’s some good news/bad news on the immediate post-reform bill economics front. HHS and Kathleen Sebelius are releasing a report that seems to contradict the CBO’s analysis on the long-term economic viability of the Obama reform bill. In adding over 30 million to the coverage rolls, the new Affordable Care Act may not control costs as keenly projected by the Democrats — raising healthcare spending by 1 percent over the next 10 years.
The report is actually the product of CMS actuaries; it suggests a solvency of Medicare up until, at least, 2019 — twelve years longer than originally anticipated. However, the real issue is looming cuts to Medicare and their effect on acute hospitals’ operations and revenue — not to mention the ongoing debate on how to address those cuts to physicians in the short term. | LINK
Related Posts Within Doctor Pundit:
- Under Reform, Insurers Will Cover Certain Preventive Medical Costs The U.S. Preventive Services Task Force, an independent, non-partisan body...
- Report: Increasing Medicare Age of Eligibility Saves Under Reform One of the stopgaps in federal spending on healthcare proposed...
- Medicare Trustees Report Deficit Sooner Than Expected The latest news from the Medicare front has nothing to...
- WH Critical of White Paper on Projected Employer-Sponsored Coverage under Reform The WH is striking back at a consulting firm’s report which...
- Report: Mass. Cannot Continue to Sustain Costs for Reform, Predicts Similar Consequences for Reform on National Scale A physician advocacy group has released a report detailing the costs...
[...] This post was mentioned on Twitter by Michael Douglas. Michael Douglas said: Report: Reform Bill to Cover More People, Cost More Than Projected: There’s some good news/bad news on the immedia… http://bit.ly/9aEF9i [...]
[...] Report: Reform Bill to Cover More People, Cost More Than Projected …HHS and Kathleen Sebelius are releasing a report that seems to contradict the CBO’s [...]