MedPAC Outlines Proposals for $30B in Medicare Savings
Medicare could reduce its spending by $30 billion over the next five years through provisions in the Affordable Care Act and if Congress follows recommendations from the Medicare Payment Advisory Commission, according to MedPAC's annual report. The report noted that without policy changes, Medicare's hospital insurance trust fund will be depleted by 2024.
- "Study Pitches Billions in Multiyear Medicare Savings" (Kennedy, USA Today, 3/15).