Medicare Will Benefit from the New Health Reform Law
Despite criticism that health reform legislation will result in cuts to Medicare, the bills passed by the House of Representatives and the Senate contain provisions that would strengthen the program by reducing costs for prescription drugs, expanding coverage for preventive care, providing more help for low-income beneficiaries, and supporting accessible, coordinated and comprehensive care that effectively responds to patients’ needs. The new law also would help to extend Medicare’s fiscal solvency for 9 years.
This report by The Commonwealth Fund, linked below, examines the provisions in the legislation and how each one would work to improve benefits, extend the fiscal solvency of the Medicare Hospital Insurance Trust Fund, reduce pressure on the federal budget, and contribute to moving the health care system toward better access to care, improved quality, and greater efficiency.
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