“The National Coalition on Health Care is encouraged that Congress appears close to a deal to stop the Medicare spike and partially roll back sequestration.
The projected 52% increase in Medicare Part B premium and deductibles set for January 1 would shift billions of new costs onto beneficiaries, employers and state taxpayers. Continued sequester-level spending caps will strangle the investments in prevention and primary care that we’ll need to keep health care costs down over the long-term. Allowing either the Medicare spike or sequestration cuts to proceed would be counter-productive to health and fiscal policy.”
See full press release: http://www.nchc.org/nchc-encouraged-by-push-to-avert-medicare-spike-and-sequester/