Berwick: Health Reform Law Will Strengthen Medicare
The federal health reform law "encourages some of the most comprehensive payment and delivery system reforms in Medicare's 45-year history," including "innovative tools such as bundled payments, incentives for hospitals that prevent readmissions, and accountable care organizations," CMS Administrator Donald Berwick writes in a Washington Post opinion piece. Berwick adds that estimated Medicare savings that are "not immediately needed to cover expenditures" will be "invested in Treasury bonds," which "are used to cover other investments, such as expanding health coverage to 34 million uninsured people."
- "Surer Footing for Medicare" (Berwick, Washington Post, 9/3).