Among the principles outlined by former Fiscal Commission co-chairs Senator Al Simpson and Erskine Bowles in their new plan A Bipartisan Path Forward is that a reasonable debt reduction plan must protect the disadvantaged.
Last month, we looked at reasons why some projections showing a slowdown health care costs most likely will not pan out. Although the recent slowdown of health care cost growth is a very welcome sign, and one we hope will continue, there are factors that will put upward pressure on costs. Specifically, these include temporary shifts due to changes in the economy, permanent one-time level cuts under the Affordable Car
In an effort to bridge differences in long-term structural reforms to federal health spending, former Fiscal Commission co-chairs Senator Al Simpson and Erskine Bowles have proposed a new spin to a familiar policy.
In their new deficit reduction proposal, A Bipartisan Path Forward, former Fiscal Commission co-chairs former Senator Al Simpson (R-WY) and Erskine Bowles include $585 billion in savings to federal health spending.
A new report by the Bipartisan Policy Center’s (BPC) Health Care Cost Containment Initiative was released today containing roughly $560 billion in savings to federal health spending over the next decade. The report, "A Bipartisan Rx for Patient-Centered Care and System-wide Cost Containment," offers a detailed and integrated plan for reforming federal health programs and bending the health care cost curve.
Included in the President’s FY 2014 budget proposal is a $400 billion package of health care savings. As we described in our analysis of his budget, these health savings are part of the President’s deficit reduction offer that was also on the table during the fiscal cliff negotiations and offered as replacement to sequestration.
In an op-ed in The Hill, former Senator Judd Gregg (R-NH) makes the case for one approach towards reforming Medicare which he believes could bring lawmakers on both sides of the aisle together.
In a surprising move yesterday, the Centers for Medicare and Medicaid Services (CMS) announced a reversal in their previous plans to cut payments to Medicare Advantage (MA) plans by 2.2 percent in 2014. Instead, CMS announced MA plans will now receive a 3.3 percent increase in payments next year. So, what changed their position so dramatically?