earlier today the President of the United States announced that in his budget, which will be released on February 6, that he would aim to achieve approximately $138 billion in savings in the Medicare program. He described this as a first gesture, which I think should be applauded because the President clearly recognized the importance of saving Medicare and strengthening it for future generations. The real issue is what policy lies behind that number of $138 billion in savings. And to make it a legitimate first step, a first step that really does start the debate in Medicare, we need to make sure that there is policy which does things like expand choice for senior citizens, give them the same options that most other people today have. The structural reform I think should include looking at some of the payment methodology, another element that relates to this choice in the structural reform. We have to accomplish this structural reform if we are going to truly strengthen the Medicare program and not just play with numbers.
Editor's note · Context
Discussing the President's proposed Medicare savings in his upcoming budget.
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