Ilovebenefits’s Blog

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Budget Chief Contradicts Obama on Medicare Costs

September 23, 2009

Congress’ chief budget officer on Tuesday contradicted President Barack Obama’s oft-stated claim that seniors wouldn’t see their Medicare benefits cut under a health care overhaul.

The head of the nonpartisan Congressional Budget Office, Douglas Elmendorf, told senators that seniors in Medicare’s managed care plans could see reduced benefits under a bill in the Finance Committee.

The bill would cut payments to the Medicare Advantage plans by more than $100 billion over 10 years.

Elmendorf said the changes would “would reduce the extra benefits that would be made available to beneficiaries through Medicare Advantage plans,” he said.


September 23, 2009 - Posted by | Federal Government, healthcare | , , , ,

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