The Congressional Research Service (CRS) just issued a report outlining the majority of the provisions in the health reform legislation that impact the Medicare program. In addition to its analysis, CRS provides brief descriptions of the the law prior to enactment and of each reform provision and, where possible, the associated Congressional Budget Office (CBO) score. Many of these changes impact hospitals and other providers and CRS notes that the net reduction in Medicare spending will be about $390 billion over the next 10 years. Notably, these reductions will extend the life of the Part A Trust Fund from 2017 to 2022 (according to CBO) and to 2029 (according to the CMS Office of the Actuary). Click here for the full text of the report.
04 Jun '10