In This Issue:
Leading the News; Implementation of the Affordable Care Act (ACA); Other HHS and Federal Regulatory Initiatives; Other Congressional and State Initiatives; Other Health Care News; and Hearings and Mark-Ups Scheduled.
- Excerpt from Leading the News:
On April 10th President Obama released his proposed budget for the 2014 Fiscal Year. The budget includes $370 billion in Medicare savings and provides $800 million for the implementation of insurance exchanges under the Affordable Care Act (ACA). Also proposed are $19 billion in Medicaid savings and over $14 billion in pharmaceutical savings by 2023. About $80 billion in discretionary funds are allocated to the Department of Health and Human Services (HHS) in 2014, an increase of $3.9 billion from last year. Overall, proposals achieve an estimated $400 billion in total health savings from 2014-2023.
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Topics: Affordable Care Act, CMS, Federal Budget, Healthcare, HHS, IRS, Medicaid, OIG, Proposed Legislation
Published In: Elections & Politics Updates, Health Updates, Insurance Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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