Navigation Links
Blunt Cites New CMS Report in Calling for Action on Safeguarding Medicare
Date:2/26/2008

WASHINGTON, Feb. 26 /PRNewswire-USNewswire/ -- Citing a Center for Medicare and Medicaid Services (CMS) report released today projecting that Medicare will consume over 20 percent of national health care spending by 2017, House Republican Roy Blunt (R-Mo.) issued the following statement urging the House to take up legislation introduced Monday by Leaders John Boehner (R-Ohio) and Steny Hoyer (D-Md.) to safeguard Medicare:

"Looking at this report, I'm not sure how much more evidence we need demonstrating that Medicare is on a path of financial ruin unless we take action now. Sadly, I've heard members on the other side of the aisle insist that Congress doesn't need to do anything. Some have even gone so far as to call critical legislation introduced yesterday by Leaders Boehner and Hoyer 'dead on arrival.' But with government spending on health care set to nearly double by 2017 as this CMS report demonstrates, every year we fail to act means less time we have to shore up Medicare for our seniors.

"We were elected to face-up to the hard issues confronting our nation today, and that includes entitlements like Medicare. I hope that Democrats take a long hard look at this report before they continue to refuse to work with Republicans to solve the problems of the American people."

Today, the Centers for Medicare & Medicaid Services (CMS) issued a report on the expected growth in health care spending from 2007 to 2017. According to CMS:

-- Growth in health care spending in the United States is projected to be 6.7 percent in 2007, and the average annual growth is expected to remain near that rate through 2017.

-- Over the full projection period, annual growth in health spending is anticipated to be higher than annual growth in both the overall economy (4.9 percent) and general inflation (2.4 percent).

-- As a percentage of gross domestic product (GDP), health care spending is projected to increase to 16.3 percent in 2007 from 16.0 percent in 2006.

-- By the end of the projection period, health care spending in the United States is expected to reach just over $4.3 trillion and comprise 19.5 percent of GDP.

Below is a summary of the legislation introduced yesterday by Leaders Boehner and Hoyer:

-- Reform the nation's medical liability laws in order to put patients' interests before those of trial lawyers;

-- Focus the Medicare prescription drug program on low-income seniors by limiting the amount of taxpayer funded benefits for seniors with incomes of more than $80,000, saving Medicare an estimated $3 billion over five years; and

-- Allow the Department of Health and Human Services to introduce value-driven competition into Medicare and create incentives for high-quality, low-cost health care options.


'/>"/>
SOURCE House Republican Whip Roy Blunt
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Blunt: Time to Stop the Politics on SCHIP, and Start the Negotiations
2. Blunt: House Sustains Presidents Veto, Now Lets Get to Work on Genuine Solution
3. Blunt: New SCHIP Bill Addresses None of the Problems With the Old
4. Blunt: Democrats Flawed Spending Compromise
5. Blunt Applauds Passage of Republican-Crafted SCHIP Extension
6. Blunt: House Republicans Fight to Ensure Taxpayer Resources Arent Used to Fund Abortions Overseas
7. Blunt Praises Presidents Plan to Save Medicare
8. Blunt Calls for Action on Presidents Medicare Legislation
9. Doctors Group Sues Texas Medical Board for Misconduct; Cites Institutional Culture of Retaliation & Intimidation
10. Virginia Tech Report Has National Importance
11. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/20/2017)... ... ... Are you an adult with gluten intolerance or Celiac disease living with another ... in a research study that focuses on family interactions when dealing with dietary restrictions. ... of adults who have gluten sensitivities who cohabitate with other adults who may or ...
(Date:8/19/2017)... ... August 19, 2017 , ... The digital health and ... with pending recognition status from the Centers for Disease Control and Prevention (“CDC”) ... and live video conferencing. , The DPP resulted from clinical work conducted ...
(Date:8/19/2017)... ... August 19, 2017 , ... Physician Partners of ... location as an interventional pain management physician. He brings a wealth of pain ... migraine headaches, and significant experience in spinal cord stimulation for chronic pain. , ...
(Date:8/18/2017)... ... August 18, 2017 , ... ... LLC (“Quick”), a highly specialized asset-light logistics provider of complex transport solutions ... definitive agreement to purchase Unitrans International Corporation, a division of Roadrunner Transportation ...
(Date:8/18/2017)... O'Fallon, MO (PRWEB) , ... August 18, 2017 , ... ... Charles County, is inaugurating a new charity drive to generate community support for efforts ... for research into cures and treatments for all types of cancer. , Each ...
Breaking Medicine News(10 mins):
(Date:7/28/2017)... Hill-Rom Holdings, Inc. ("Hill-Rom") (NYSE: HRC), today announced financial ... 2017, and updated its financial outlook for fiscal 2017. ... fiscal third quarter, Hill-Rom reported earnings of $0.09 per ... the prior-year period. These results reflect after-tax special items, ... related to the non-cash write-down of assets associated with ...
(Date:7/27/2017)... Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results ... reported second quarter net sales of $1.954 billion, an ... an increase of 2.1% on a constant currency basis.  ... LDR Holding Corporation acquisition, second quarter 2017 revenues decreased ... on a constant currency basis. ...
(Date:7/26/2017)... 26, 2017 E.I. Medical Imaging (EIMI) has ... SharkLab to custom design the worlds first ultrasound system to be ... their native habitat. In preparation for a piece produced by ... Shark Week, Dr. Guttridge approached EIMI with the idea of ... to hammerhead sharks underwater. ...
Breaking Medicine Technology: