Wednesday, November 28, 2012

The Government and Costs: Should Medicare be cut?

As the fiscal cliff is fast approaching the US Government, the House is debating what can and cannot be cut to improve the budget.  On of the big glaring expenses is Medicare.  It is one of the fastest growing accounts in the United States.  As it stands, it's not currently sustainable in the long term.  The program did see cuts $116 billion from the Affordable Care Act, but this was not to beneficiaries but to insurance programs and hospitals.   According to the Huffington Post, the Democrats see this as one of the places that can be cut, but care can still be accounted for.  It is unanimous that eligibility and the retirement age can't change.

This February at The Medicare Congress, John Gorman, Founder and Chairman, Gorman Health Group will be on hand to present "Know Thyself in the Post-ACA Era: Government Program Strategies for
Payers and Providers" to discuss the effects after the the cuts to the program and will address the current state of the funding.  For more information on this session and the rest of the agenda, download the program.  If you'd like to join us February 11-13, 2013 in Phoenix, Arizona, as a reader of this blog when you register to join us and mention code XP1807BLOG, you'll save 15% off the standard rate.

Do you think that Medicare will be a part of the Fiscal Cliff?  If so, what do you think is the best way to reduce costs of Medicare to the US Governed?

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