Friday, May 24, 2013

Debt Limit Negotiators Eyed $353B In Savings; FMAP, Cost-Sharing, Medigap Prime Targets

Medicare cuts that would impact nearly every sector of the health care industry, with the notable exception of proposals to extend Medicaid drug rebates to Medicare and decrease Medicaid provider taxes, were actively discussed before deficit reduction talks led by Vice President Joe Biden broke down, according to a chart prepared by GOP lawmakers for an internal White House meeting Monday (July 11).

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