The Budget Control Act implications for Medicare.
The Budget Control Act of 2011 created a 12-member bipartisan congressional committee to develop proposed legislation aimed at reducing the federal deficit. When the committee failed to produce a bill, automatic across-the-board cuts were triggered that include cuts to Medicare. The Medicare cuts would be covered by reduced reimbursements to hospitals. If Congress does not vote to override the automatic cuts, they will take effect on Jan. 2, 2013.
MedeAnalytics, Inc., Emeryville, Calif., USA. ken.perez@medeanalytics.com
Ken
K
Perez
D002017:Budgets / Q000331:legislation & jurisprudence*; D006278:Medicare / Q000191:economics* / Q000331:legislation & jurisprudence*; D014481:United States