Medicare Compliance & Reimbursement

Industry News:

Obama's Healthcare Reform Will Drive Up Costs

Government economists' report predicts possible rise in public's tab of 1 percent or more over the next decade. The healthcare remake will achieve President Obama's aim of expanding health insurance -- adding 34 million Americans to the coverage rolls -- but at a much higher price than expected. The sweeping healthcare overhaul law will increase the nation's healthcare tab instead of bringing costs down, states a Health and Human Services (HHS) report posted on www.cbsnews.com. The report, scripted by economic experts at the HHS, also found that the law didn't quite measure up to the president's goal of controlling runaway costs and will raise projected spending by about 1 percent over 10 years, according to the post. And that increase could get bigger. However, the report also warned that Medicare cuts in the law may be unrealistic and unsustainable, forcing lawmakers to roll them back, which is good news for consumers [...]
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