President Obama would give additional power to the new Independent Payment Advisory Board (IPAB)—already highly unpopular with Republicans—to wring additional savings out of Medicare, according to a fact sheet the White House released in connection with the president's speech outlining his deficit reduction proposal.
President Obama proposed what he called a "balanced" fiscal overhaul that would shave $4 trillion from deficits over a dozen years through a combination of spending cuts and increased revenues generated by a tax code overhaul.
A long line of health industry heavyweights flanked top Health and Human Services (HHS) officials at the National Press Club this past week to launch what Centers for Medicare and Medicaid Services chief Donald M. Berwick has called the most ambitious national effort ever to reduce medical errors.
The extent to which states will ultimately decide to create health insurance exchanges under the overhaul law remains uncertain—but what is clear is that the controversy surrounding that issue is heating up in state capitals.
The cuts included in the spending compromise for fiscal 2011 will spread pain across federally funded health care programs and harm important initiatives. But the hits could have been even more devastating, advocates and lawmakers said.
The deductibles for the minimum health insurance coverage that some people will be required to buy under the health care law could be "substantial," says an analysis released by the Kaiser Family Foundation.