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Shawn Bishop, staffer on Capitol Hill, confirms the CBO analysis that says that $113 billion in cuts to the Medicare Advantage program will result in reduced benefits for its enrollees. Two points to remember: 1. 25% of people on Medicare buy MA plans for the express purpose of gaining better coverage and more benefits; 2. There are an additional $400 billion in proposed "savings" coming at the expense of Medicare in general over 10 years. That represents about 9% of Medicare outlays in that period. |
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| Time: 01:26 | More in News & Politics |
Sep 232009
