Tuesday, December 4, 2012

Where can Medicare spending be cut?

Recently, the Washington Post took a look at how the US Government has worked to cut $360 billion from their healthcare budget:


What the government is proposing to do is transition Medicare over to a Part D type Drug Pricing Program in order for Medicare subscribers to have access to their drugs at a lower price. with this move, it is projected that the government will save $156 billion over 10 years. The other major cut will be to what is paid to post-care facilities such as nursing homes and by cutting $63 billion, although not elaborating exactly where the cuts will come from.

This February at The Medicare Congress, Court Houseworth, Managing Director, Cain Brothers and Chris Rigg, Senior Analyst, Managed Care, Susquehanna Research Group will be on hand to present "Wall Street Report: The Economic Outlook for Medicare" which will examine how the Affordable Care Act will impact the coming year of Medicare along with how the Fiscal Cliff cuts will impact the way Medicare works.  To find out more about this session, download the agenda. If you'd like to join us February 11-13, 2013 in Phoenix for this event, as a reader of this blog when you register and mention code XP1807BLOG, you'll save 15% off the standard rate!




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