Medicare fix would push hc into the red

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Registered: 09-07-2009
Medicare fix would push hc into the red
Fri, 03-19-2010 - 10:10pm

http://finance.yahoo.com/news/Medicare-fix-would-push-apf-2700343586.html?x=0&.v=2


Medicare fix would push health care into the red
Rollback of Medicare cuts to doctors, if added to health care bill, push it into the red

ap




On Friday March 19, 2010, 6:33 pm EDT

WASHINGTON (AP) -- Congressional budget scorekeepers say a Medicare fix that Democrats included in earlier versions of their health care bill would push it into the red.


The Congressional Budget Office said Friday that rolling back a programmed cut in Medicare fees to doctors would cost $208 billion over 10 years. If added back to the health care overhaul bill, it would wipe out all the deficit reduction, leaving the legislation $59 billion in the red.


The so-called doc fix was part of the original House bill. Because of its high cost, Democrats decided to pursue it separately. Republicans say the cost should not be ignored. Congress has usually waived the cuts to doctors year by year.