Today, the House Energy and Commerce Committee took a small step in the process to replace the Sustainable Growth Rate (SGR) formula -- Medicare's physician payment "system" -- with a more stable and efficient alternative by issuing draft legislation. Passed in 1997, the SGR formula is a backstop for Medicare spending which adjusts physician payments based on whether the program meets certain spending targets.
Although it may be difficult to get an updated comprehensive score of the Affordable Care Act from CBO, CBO has updated its estimate of the coverage provisions of the Affordable Care Act with each new baseline. This baseline is no exception.
This week, Senator Orin Hatch (R-UT), Ranking Member of the Senate Finance Committee, and Rep.
Yesterday, the Engelberg Center for Health Care Reform at Brookings released a new report on reducing health care costs called "Bending the Curve: Person-Centered Health Care Reform: A Framework for Improving Care and Slowing Health Care Cost Growth." The report is the latest in a number of plans with the goal of reforming health spending by realigning incentives to slow health care cost growth.
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.