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President Obama's FY 2016 Budget and the ACA
Timothy Jost in Health Affairs Forefront
Feb. 3, 2015 "The President's budget proposes a number of new health care initiatives, including ... reducing growth in payments for certain Medicare providers, raising the cost of Medicare coverage for higher-income enrollees, authorizing HHS to negotiate drug prices for biologics and high-cost drugs in the Medicare Part D program, ... and continuing to move Medicare payments away from fee-for-service toward value-based payment. For the core ACA health insurance access and affordability programs, the budget simply seeks full funding of the status quo.... The FY 2016 budget projects premium assistance tax credits to cost $39.164 billion and cost-sharing reduction payments to cost $6.215 billion.... Funding for enforcing the employer and individual responsibility provisions is not separately budgeted and is presumably found in the IRS general enforcement and operations support budgets." MORE >> |
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