tci Medicare Compliance & Reimbursement - 2008 Issue 10

Legislation: Trigger Bill Could Be First In String Of Proposals

Lawmakers officially introduce a bill to curb Medicare spending The proposals to "fix" Medicare's funding shortfalls have only just begun. On Feb. 25, Congress introduced legislation that includes proposals on how to curb Medicare spending. Titled the "Medicare Funding Warning Response Act of 2008," the legislation is known among industry insiders as a "trigger" bill, and suggests several ways to cut spending in the Medicare program. "Left unchanged, within 35 years Medicare would eat up every bit of the federal budget as we now know it," said HHS Secretary Michael O. Leavitt during a press call last...

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