Medicare, Medicaid funding at risk in budget deal

Even though President Obama signed the budget deal yesterday, the fate of Medicare and Medicaid is still up in the air. Under the deal, a bipartisan committee is tasked with coming up with an additional $1.5 trillion is spending cuts; but unfortunately for providers, it may still consider cutting Medicare and Medicaid funds, reports NPR. "Medicare and Medicaid are just a huge part of the budget, and you can't ignore the fact that the supercommittee is going to have to deal with health care costs," health industry consultant Robert Laszewski told NPR. "There's just no getting around it." Article

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