Opinion: 10 Reasons the Super Committee should cut Medicare
The Super Committee has until November 23 to come up with a way to reduce the budget deficit by $1.5 trillion over 10 years. Medicare is expected to bear about $400 billion of cuts to reach that target. It's a few whiskers shy of a 10% annual haircut. The health insurance program for the elderly hasn't been trimmed so short since the Balanced Budget Act of 1997. The BBA cut $112 billion in total Medicare spending over four years, without any measurable negative impact on public health. Still, expect the Committee to get a lot of grief. What "Mediscare" critics fail to recognize is that fiscal austerity has been a blessing for the program in the past.
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- CA Powers Up $80M HIE to 'Create Value in the Data'
- 3 Traits Personality Assessments Can't Reveal