Medicare Trustees: ObamaCare to Gut $150 Billion Through 2016

The biggest Medicare savings come from cuts to doctors, hospitals and other healthcare providers, as well as private insurance companies. Together, those two categories of cuts save Medicare more than $150 billion, according to the CMS report. CMS said the policies in the healthcare law also have the potential to produce more significant long-term savings, in part by shifting the healthcare system to pay more for quality than quantity of treatments. The healthcare law is also saving seniors money, CMS said — about $59 billion by 2016. – The Hill

04/23/2012 2:28 PM by JPUpdates Staff

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