In This Issue:
- President Obama Releases FY2016 Budget Proposal
- Implementation of the Affordable Care Act
- Other Federal Regulatory Initiatives
- Congressional Initiatives
- Other Health Care News
- Upcoming Congressional Hearings
- Excerpt from President Obama Releases FY2016 Budget Proposal:
Today, President Obama released his $4 trillion budget proposal, which includes over $1 trillion in health care-related funding. Building on his State of the Union address, the President’s budget included the following top level funding requests for health care priorities.
..Medicare: The budget outlines approximately $350 billion in Medicare savings over the next ten years to be gained by cuts to provider reimbursement and an additional $84 billion in structural reforms. While a large amount of these savings comes from extending Medicaid drug rebates for Part D for low-income enrollees, other changes include adjusting payments for post-acute providers, reducing Medicare coverage of bad debt, and increasing income-related premiums under Parts B and D.
Please see full publication below for more information.