Budget chief: Medicare Advantage benefits will be cut by health bill

09/23/2009 | Washington Post, The

The Senate Finance Committee's health care bill would reduce payments to Medicare Advantage plans by $100 billion or more over the next decade, resulting in reduced benefits for seniors, Congressional Budget Office Director Douglas Elmendorf told senators on Tuesday. In response, White House spokesman Reid Cherlin stressed that Medicare Advantage plans "will still be paid more than traditional Medicare plans" under the competitive-bidding proposal in the bill.

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