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Medicare costs for beneficiaries lowered by Affordable Care Act

Health & Medicine Policy Research Group (HMPRG)
October 16, 2012

Medicarecosts for beneficiaries will be lower over the next 10 years as aresult of the Affordable Care Act (ACA).

According to a recentlyreleased Issue Brief from the U.S. Department of Health and HumanServices, the ACA will lower premiums, co-payments and co-insurance for Medicare beneficiaries.

The ACA lowers Medicare beneficiary costs by:
1. Reducing in extra subsidies paid to Medicare Advantage plans.

2. Reducing the rate of growth in provider payments.

3. Designing new financing options that support efficiency, coordination and quality; not quantity.

4. Reducing waste, fraud and abuse.

Check out the issue brief here for more information.