Medicare is set to save $200 billion by 2016, according to a report released by the actuary for the Centers for Medicare and Medicaid Services on Monday.
The Obama administration has highlighted the positive aspects of the report ahead of a separate report from the Medicare Trustees, due out later Monday, that's due to project when Medicare will go bankrupt.
The Obama administration has highlighted the positive aspects of the report ahead of a separate report from the Medicare Trustees, due out later Monday, that's due to project when Medicare will go bankrupt.
"According to estimates from the CMS Office of the Actuary, the over $200 billion in short-term savings to the Medicare program come from ending excessive payments to private insurers who offer Medicare Advantage




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