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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.

http://www.ahiphiwire.org/Medicare/News/Default.aspx?doc_id=407783&utm_source=9/23/2009&utm_medium=email&utm_campaign=HiWire_Newsletter&uid=TRACK_USER

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

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