Obama's budget calls for $360B in healthcare spending cuts

President Obama's budget proposal involves some $360 billion in reductions to the Medicare and Medicaid budgets over the next decade, reported The Washington Post. The reductions include cuts in payments to drug companies and an increase in premiums for new retirees and affluent seniors beginning in 2017. Enrollees who purchase Medigap policies also would face higher costs. Article

Suggested Articles

The Centers for Medicare & Medicaid Services released the MA plan star ratings for the 2020 plan year on Friday.

A New Orleans-based genetic testing company will pay $42.6 million to resolve False Claims Act and kickback allegations.

FierceHealthcare caught up with former ONC and Veterans Affairs' official Genevieve Morris for our latest Executive Spotlight.