Politico has a pretty comprehensive write-up on the proposed cuts to Medicare as part of the "fiscal cliff" talks. The bottom line is that the entitlement program being cut does save the government money. Those costs are passed on to the people approaching the medicare eligibility age of 65. This group will almost certainly see an increase in their health insurance premiums. The increases would likely be phased in "gently" over a ten year window.
Read the article here...
Politico: The cold, hard realities behind Medicare cuts...
Source:
http://www.politico.com/story/2012/12/medicare-cuts-84493.html
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