Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

Liberal group outlines substantial Medicare cuts

3 years ago November 14, 2012 Nov 14, 2012 Wednesday, November 14 2012 Wednesday, November 14, 2012 11:11:08 AM CST in News
Source: Associated Press

WASHINGTON - A think-tank with ties to the White House is looking to prevent a raid on health care programs during upcoming budget talks.

It's released a plan today for some significant savings -- mostly from Medicare.

The blueprint from the Center for American Progress spares Medicaid and the new health care law from most of the cuts.

Instead, the liberal-leaning group targets Medicare service providers, from the pharmaceutical industry to hospitals and nursing homes.

Higher-income Medicare recipients would face increased monthly premiums for outpatient and prescription coverage.

The Center for American Progress serves as an idea factory, of sorts, for the Obama administration -- much as the conservative Heritage Foundation did during Ronald Reagan's presidency.

Rising health care costs are the most stubborn element of the nation's long-term budget woes. At the same time, a recent report for the government estimates that the nation's health care system squanders about 30 cents of every medical dollar -- or a total of $750 billion a year.

More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
7 Days